NTA2110. How to Help Small Business Navigate Complexity on Small Tax Budgets

Running a business in today's environment is extremely challenging.  COVID-19 legislative changes highlighted the challenge of a small business (and their advisers) and how they are able to navigate new tax laws, paid leave laws, local and state health restrictions, operational changes and financing opportunities.  Small means any business from a sole proprietor with no employees to an entity of up to $26 million of gross receipts (small business in the eyes of Congress).  This session will provide best practices and tips on how to help a business help themselves and how we as small business advisers can proactively assist our clients through the complex world of change.

Learning Objectives:

• Identify how to effectively and efficiently assist small businesses through the maze of tax and business complexity.
• Formulate a plan to become a proactive adviser that increases the value of your client as well as your own value to that client.
• Recognize the value that our profession has to offer through more than just compliance.