Bookkeeping was the Business Topic Presented This Week’s Presentation
Sandy Barrett, EA, of Red Rock Taxes, was our presenter. She gave us a brief overview of the business tax changes for 2018. Employee business expenses will no longer be deductible. Nor will entertainment expenses or dues for membership in any club organized for business, pleasure, recreation or other social purposes. Pass-through businesses, which include partnerships, s-corporations, sole proprietorships, trusts, and estates, will be allowed to deduct 20% of their business-related income, subject to many limitations and exceptions. The corporate tax rate is reduced to 21% beginning January 1, 2018, but domestic production activities deduction has been eliminated. There are many other changes and many new regulations to go with all the changes.
Speaker and Greeter
Reena Khalsa was the Speaker and along with her sharing of some of her personal background she announced that her law firm will now go under the name of Sedona Lawyers. Larry Phillips of Supertree Tree Services was the Greeter.
Hank and Sharyn Yuloff of Sedona Marketing with be the Presenters for March 14, Sandy Barrett will be the Speaker and Reena Klalsa will be the Greeter.
Referral Business Year to Date
The Sedona Referrals Club generated more than $28,700 in business for its members in 2018.
The Sedona Referrals Club meets over breakfast every Wednesday morning at 7:00 am at The Heartline Cafe in West Sedona. Our purpose is to promote each members business via the exchange of prospective referrals. We believe in sending someone you know to someone you trust. Only one member represents each business category.
Each meeting features a business presenter for ten minutes and a speaker who shares some personal experience for five minutes. The meeting is rounded out with a one-minute commercial from each member and guest.
Would you like to grow your local business?
Give us a call to visit and enjoy a breakfast on us! If you know you are ready or have questions, call Vice President for Membership, Alan Freedman at 928-639-3828 or President, Christopher Wales, at 928-282-2150.
Looking for a product or service?
We just might have the person to fill your needs.
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