Special On-line ZOOM SVOG Meeting, July 2020

What: A Regular SVOG Monthly Meeting Conducted On-line via Zoom

When: Thursday, July 9, 2020 ... 6:15pm to 9:00pm 

Where: From your home, on-line, using your laptop or computer  

Registration Required:  $10.00 

 

Note: SVOG will NOT be recording this meeting.

 

Note: In order to receive the Zoom credentials you must return to the SVOG website from PayPal via the link that states "Return to Merchant." If for some reason PayPal does not return you to the SVOG website then please contact us by clicking here. Your PayPal receipt will go to the email address registered with PayPal and will not contain the Zoom credentials.

 

   

Presentation

Title: Tax Update

Trading, or running a small business, is fun but dealing with the back office paperwork and the tedium of recording keeping, not so much. And traders have to deal with special, complex tax considerations. With that in mind, this month's speaker, Robb Pryor, is uniquely qualified to present to SVOG.

We have asked Robb to address issues relating to:

  • Recent changes under CARES, and other COVID-19 related congressional actions;
  • How these changes impact Trader Tax Status (TTS);
  • How a retail trader or investor is impacted, e.g., what can and cannot be deducted on a  return;
  • 1265 contract elections that can be taken, or not, and what each means.

 

Robb's presentation will also cover various aspects of the intersection of securities trading and taxes. Topics will include:

  • How investment returns are taxed;
  • How different organizational structures are taxed;
  • How holding periods affect tax rates;
  • How selection of securities can impact tax rates.

 

No matter how complex your trading needs might be, Robb provides a common sense approach with an uncommon level of personal attention and expertise in tax issues relevant to traders.

There will be ample time to ask your questions ... but you must attend ... so be prepared.

 

About Our Speaker

Robb Pryor, Priority Tax Preparation, was a design engineer in high-tech for 25+ years before leaving the field to pursue a career providing financial services to individuals and small business owners. He became an Enrolled Agent, one of America's tax specialists, in 2012. Working with his clients on tax issues, he began to see the need for his clients to get financial advice that took into account their complete financial situation, so he studied to become a Certified Financial Planner. He completed the course work, passed the CFP exam and received his CFP designation in 2019.

 

 

   

In keeping with SVOG’s mission to help educate and share trading experiences with our associates, we will again hold our May meeting in cyber-space. During the time Santa Clara County is on “shelter-in-place”, we will be conducting our Regular Monthly meetings using Zoom. While this is not a perfect solution because it does not meet the SVOG objective of providing a place where traders can meet other traders, it does allow us to continue to share trading education.

Bear with us as we continue to conduct meetings with a cyber audience. Please try to follow our guidelines about questions and CHAT – unfortunately we cannot manage the interaction that we have in our in-person meetings. We will resume in-person meetings as soon as the health crisis allows us to get together again.

Thank You for your continuing support and participation.