Complimentary Non-Profit Breakfast Seminar Series
"Tax-Exempt Organizations:
What Every Founder, Executive Director & Board Member Should Know"
Co-Hosted by
Schneiders & Associates, L.L.P. and Brinkman & Company, CPAs
Schneiders & Associates, L.L.P. and Brinkman & Company, CPAs are pleased to announce that they have developed a series of non-profit seminars geared towards those interested in forming a non-profit and those serving a non-profit organization.
Please see below for more more information and side bar for the 2013 schedule:
Thursday, February 28
8am - 9am
The Tower Club
300 E. Esplanade Drive, 22nd Floor
Oxnard, CA
This program will focus on helping Non-Profits build and maintain systems to most efficiently handle the legal burdens so that they can remain focused on their missions!
Overview: Organization, Governance and Compliance. Touch on highlights to be covered in more detail in other sessions.
- Impact of the "fiscal cliff" to non-profits and philanthropists
- Different Regulatory Bodies: IRS, Attorney General, Franchise Tax Board, Secretary of State, Dept. of Labor, etc.
- Obligations and liabilities: staff, directors, and volunteers - defining and evolving roles; policies and procedures.
- Issues related to fundraising and Contributions
- Tools & Tips - Organizational calendar, board member contract, etc.
- Proper Classifications: Types of organizations and their differences
Speakers: Attorneys Roy Schneider and Julie Saltoun and Danielle Brinkman, CPA
Who should attend? Non-Profit board members, executive directors, accountants, attorneys, insurance brokers and anyone interested in starting or who has recently started a non-profit.
Don't wait, RSVP today!
Print Flyer
|
 Legal Mistakes That Cost Entrepreneurs Time, Money and Headaches...And How to Avoid Them Entrepreneurs must navigate through a maze of legal issues and decisions when launching a new business. At the outset, you may think some seem inconsequential - but, tragically, that would likely be your first of many mistakes. The choices you make today will have lasting effects on the viability and profitability of your new business venture. Below are some of the most common mistakes made by first-time entrepreneurs, and what you can do to avoid making them yourself.
Choosing the Wrong Business Structure
The type of business entity you select will affect your liability exposure, income tax obligations and opportunities to raise capital throughout the duration of your venture. Sole proprietorships, C-corporations, S-corporations and limited liability companies (LLC) all have their advantages and drawbacks. Sole proprietorships are simple to start up, but leave your personal assets vulnerable and offer few tax advantages. C-corporations and S-corporations shield your personal assets, and each afford different tax advantages and disadvantages. Additionally, maintaining the protection afforded by the corporate business structure requires a certain amount of record-keeping and forms which must be filed with governmental agencies. LLCs offer you liability protection, but may not be the best choice depending on various factors, including taxes, ownership structure and, in some states, professional licensure. Often, the corporate structure is the most advantageous, but this decision really should be made in consultation with a business or tax attorney.
|
 Dangers of "Deemed Approved" Clauses in Architectural Control Provisions of CC&Rs Many homeowners associations have architectural restrictions to protect the value and desirability of a harmonious and attractive residential community. Such restrictions range from limiting the type of shrub that may be planted within a subdivision, to restricting the type and color of material that may be used to construct a building. These architectural guidelines are generally enforced by an architectural control committee ("ACC") that is established pursuant to the association's governing documents. At times, the ACC may consist of the association's board of directors, or it may be composed of persons who have been appointed by the board of directors.
The ACC generally is given the ongoing duty of ensuring that the association is maintained in compliance with the overall vision of the community that was set forth when the community was developed. As such, the ACC is given the tasks of inspecting the community on a regular basis to ensure compliance, as well as review owners' requests to construct, maintain, or alter certain improvements within the community. Unfortunately, it is not uncommon to find a "deemed approved" provision within the association's governing documents similar to the following:
Decisions by the ACC shall be transmitted by the ACC to the applicant at the address set forth in the application for approval, after receipt by the ACC of all materials required by the ACC and within thirty (30) days after receipt of the application by the ACC. Any application submitted pursuant to this section shall be deemed approved unless written disapproval or a request for additional information or materials by the ACC shall have been transmitted to the applicant within the time herein set forth.
|
 Charitable Giving
Many people give to charity during their lives, but unfortunately too few Americans take advantage of the benefits of incorporating charitable giving into their estate plans. By planning ahead, you can save on income and estate taxes, provide a meaningful contribution to the charity of your choice, and even guarantee a steady stream of income throughout your lifetime.
Those who do plan to leave a gift to charity upon their death typically do so by making a simple bequest in a will. However, there are a variety of estate planning tools designed to maximize the benefits of a gift to both the charity and the donor. Donors and their heirs may be better served by incorporating deferred gifts or split-interest gifts, which afford both estate tax and income tax deductions, although for less than the full value of the asset donated.
One of the most common tools is the Charitable Remainder Trust (CRT), which provides the donor or other designated beneficiary the ability to receive income for his or her lifetime, or for a set period of years. At death, or the conclusion of the set period, the "remainder interest" held in the trust is transferred to the charity. The CRT affords the donor a tax deduction based on the calculated remainder interest that will be left to charity. This remainder interest is calculated according to the terms of the trust and the Applicable Federal Rate published monthly by the IRS.
Click here to read more.
|
Review Schneiders & Associates, L.L.P.
Have you used our firm's legal services? Attended a seminar? Previously worked with one or more of our attorneys? Then review us on Google+, Avvo, Yelp.com and/or on Facebook!
Sincerely,
Tawnee
Tawnee N. Pena
Marketing & Client Relations Director
Schneiders & Associates, L.L.P
(805) 764-6370
|
|
|
|
|
|
Join Us for a Complimentary Lunch or Dinner Estate Planning Seminar:
"Wealth Transfer - An Integrated Approach"
Thursday, February 28
Location:
3011 Townsgate Road
Suite 300,
West Park Place
Westlake Village, CA 91361
Topics:
- How do you continue to successfully grow and manage the wealth you have created into the later years of your life?
- How do you ensure there is enough money and resources to take care of yourself and your loved ones as you age?
- How do you balance an increasing tax burden?
- How do you pass down your wealth in a way that is in keeping with your wishes and beneficial for your loved ones?
Co-Hosted by: Schneiders & Associates, L.L.P. and Valdez Wealth Management Group
Presented by Sarah Maria Dreisbach, Esq.
|
Vote for Schneiders & Associates, L.L.P as your favorite law firm in Ventura County!
 The Ventura County Star is accepting votes for their 2013
Readers' Choice Awards special section of the Star publishing on May 5, 2013.
Polls remain open until midnight, February 10, 2013, so vote now! www.vcstar.com
|
Non-Profit
Seminar Series
2013 Schedule
2. Liability of Directors and Officers
Thursday, April 25 at The Tower Club from from 8am - 9am
Who should attend? Non-Profit board members, executive directors, accountants, attorneys, insurance brokers
3. Handling Contributions and Tax Deductions
Thursday, June 27
The Tower Club
8am - 9am
Who should attend? 501(c)3 Executive Directors, fundraisers, board members, treasurers, accountants
4. Form 990: Key Compliance Points and Disclosure Considerations
Thursday, August 29
The Tower Club
8am - 9am
Who should attend? ALL Non-Profits, executive directors, board members, accountants, attorneys
5. Advising on Operational Issues
Tuesday, October 29
The Tower Club
8am - 9am
Who should attend? ALL Non-Profits, executive directors, fundraisers, board members, accountants, attorneys
6. Restructuring and Terminating Exempt Organizations: Procedures and Pitfalls
Wednesday, Dec. 4
The Tower Club
8am - 9am
Who should attend? 501(c)3 Executive Directors, treasurers, accountants, attorneys
Seating is limited so early registration is encouraged.
Print Flyer
|
Website
Visit our website for all the latest news at Schneiders & Associates, L.L.P. including announcements, calendar of events and articles.
|
|
|
|
|
