Día 3 – Miércoles 16 de Septiembre
| 10:30am | Prediction Markets & Taxes: How the IRS taxes your Kalshi & Polymarket Winnings |
| In this class we break down how prediction market income is classified — gambling, commodity contract, or capital gain — and what that means for your wallet. Learn how to report your winnings correctly, whether your platform issues a 1099 or not, navigate the crypto tax layer unique to Polymarket, and find out if professional gambler status could work in your favor. Whether you’re a casual trader or a serious market participant, this guide gives you the tools to stay compliant and minimize your tax burden legally. You’ll walk away knowing: How the IRS classifies prediction market income The right forms to file for Kalshi vs. Polymarket Why standard deduction filers face a hidden tax trap What records to keep to survive an audit Read More… | |
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| 11:30am | California LLC – Tax Updates |
| This session provides a practical, up-to-date breakdown of how California LLCs operate in 2026—specifically for small business owners and the tax professionals who advise them. We’ll cover the fundamentals of LLC formation, the $800 annual tax, LLC fee thresholds based on California income, and key compliance requirements like Form 568 and the Statement of Information. Participants will also learn how California treats single-member LLCs, common mistakes that trigger penalties or state notices, and when it may make sense to consider an S corporation election. This class is designed to help you stay compliant, avoid costly errors, and use entity structure as a strategic tool—not just a filing requirement. Read More… | |
| Speakers | Lucius C. Davis III – Franchise Tax Board |
| 2:30pm | Best Practices for Responding to IRS Collection Notices |
| Master how to respond strategically to IRS collection notices before they escalate into liens, levies, or asset seizures. In this practical session, you’ll learn how to interpret common IRS notices, verify tax liabilities, and evaluate resolution options such as installment agreements, Offer in Compromise, and Currently Not Collectible status. Designed for small business owners, real estate investors, and tax professionals, this class focuses on protecting cash flow, preserving assets, and navigating IRS enforcement with confidence and precision. Read More… | |
| Speaker | Jesús Abikarram, EA |
| 3:30pm | S-Corporations: Small Business Taxes |
| Esta clase proporciona a los CPAs y profesionales de impuestos un marco práctico para evaluar y ejecutar elecciones de S Corporation en nombre de clientes con empresa unipersonal. Temas que cubriremos: Qué es una S Corporation y cómo funciona como entidad de transferencia directa Requisitos de elegibilidad del IRS y escenarios de alto riesgo en la conversión Cómo calcular el ahorro neto real en impuesto sobre trabajo por cuenta propia Requisitos del Formulario 2553, plazos y alivio por elección tardía Salario razonable, planes de rendición de cuentas y seguimiento de la base accionaria Read More… | |
| Speaker | Nadia Rodriguez, CPA |
| 4:30pm | Form 4547: Trump Accounts: Investment Accounts for Children |
| | This course breaks down Form 4547 and explains the truth behind “Trump Accounts” for children, helping both families and tax professionals understand how kids’ investment accounts really work. Learn the basics of custodial accounts, 529 plans, and Roth IRAs, along with key tax rules like the Kiddie Tax. Designed for Latino families and the professionals who serve them, this session focuses on building wealth early, staying compliant with the Internal Revenue Service, and avoiding costly mistakes. Read More… |
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