{"id":444,"date":"2019-09-15T16:32:16","date_gmt":"2019-09-15T16:32:16","guid":{"rendered":"http:\/\/global-gals.com\/?p=444"},"modified":"2020-07-12T07:11:34","modified_gmt":"2020-07-12T07:11:34","slug":"ggg-notes-from-tax-accountant-jessica","status":"publish","type":"post","link":"http:\/\/global-gals.com\/?p=444","title":{"rendered":"GGG &#8211; Notes from Tax Accountant Jessica Estrada"},"content":{"rendered":"<p>Global Gals 08\/29\/2019<\/p>\n<p>Attendees: Andi, Susan, Orchidea, Heather, Angela, Heidi, Megan, Sharon, Jen, Julie<\/p>\n<p>Idea for future gatherings: Battleax hwy 15 or Friars<\/p>\n<p>Lyme Disease:&nbsp; Sharon speaking in October in San Diego.&nbsp; Bay Area Lyme Foundation Speaker Series (San Fran non-profit). Officially launching San Diego Lyme Alliance. Wed, Oct 2, 4-6:30 pm. Sanford Burnham Research Institute. Family,&nbsp; patients, Sharon speaking as a patient, talking about her journey and her family\u2019s journey. Talks start at 5:00.<\/p>\n<p><strong>Speaker: Jessica Estrada, Tax Accountant<\/strong><\/p>\n<p><a href=\"http:\/\/global-gals.com\/wp-content\/uploads\/2019\/09\/PacWest-Tax-Presentation.pdf\">PacWest Tax Presentation<\/a><\/p>\n<p><a href=\"http:\/\/global-gals.com\/wp-content\/uploads\/2019\/09\/2018-Key-Facts-and-Figures.pdf\">2018 Key Facts and Figures<\/a><\/p>\n<p>Megan knows Jessica in her women\u2019s networking group Infinite. Jessica partnered with another women at PacWest.<\/p>\n<p>People\u2019s interests and questions:<\/p>\n<p>How to make tax bracket lower for FAXA application. W-2 \u2013 nothing to do to lower taxes.<\/p>\n<p>Small business taxes.<\/p>\n<p>Difference between State CA vs Federal.&nbsp; Medical fees still allowed on Fed returns.<\/p>\n<p>Long term care premiums.<\/p>\n<p>Tax brackets: Look at taxable income.&nbsp; Standard deduction is $19,000 Married $24,000 Single $12,000<\/p>\n<p>Incremental system.<\/p>\n<p>AMT: Alternative Minimum Tax. Was developed to tax the rich in 1982. &nbsp;2018 recalculated AMT to account for inflation. Original Amt intent was to target the uber rich.<\/p>\n<p>Jessica likes separate businesses. Schedule C \u2013 anything that passes to your personal income tax.<\/p>\n<p>W-2 and you own a house -nothing to plan.<\/p>\n<p>RSU: Restricted Stock Units<\/p>\n<p>Jessica is an EA, Enrolled Agent, with IRS.&nbsp; Jessica is not a CPA. CPA doesn\u2019t change what she does for tax returns.<\/p>\n<p>California did not conform to Federal tax laws.<\/p>\n<p>Charitable contributions: Its better now to donate every other year.<\/p>\n<p><b>Jessica Estrada<\/b><br \/>\nTax Partner<br \/>\nPacWest Accounting<br \/>\n<a href=\"https:\/\/maps.google.com\/?q=240+Newport+Center+Drive,+Suite+215%0D+%0D+Newport+Beach,+CA+92660&amp;entry=gmail&amp;source=g\" target=\"_blank\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/maps.google.com\/?q%3D240%2BNewport%2BCenter%2BDrive,%2BSuite%2B215%250D%2B%250D%2BNewport%2BBeach,%2BCA%2B92660%26entry%3Dgmail%26source%3Dg&amp;source=gmail&amp;ust=1568435674590000&amp;usg=AFQjCNEv0tmZ4zNBN853pnS7mKigEjm7-A\" rel=\"noopener noreferrer\">240 Newport Center Drive, Suite 215<\/a><br \/>\n<a href=\"https:\/\/maps.google.com\/?q=240+Newport+Center+Drive,+Suite+215%0D+%0D+Newport+Beach,+CA+92660&amp;entry=gmail&amp;source=g\" target=\"_blank\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/maps.google.com\/?q%3D240%2BNewport%2BCenter%2BDrive,%2BSuite%2B215%250D%2B%250D%2BNewport%2BBeach,%2BCA%2B92660%26entry%3Dgmail%26source%3Dg&amp;source=gmail&amp;ust=1568435674590000&amp;usg=AFQjCNEv0tmZ4zNBN853pnS7mKigEjm7-A\" rel=\"noopener noreferrer\">Newport Beach, CA 92660<\/a><br \/>\nTel: (619)&nbsp;519-1259<br \/>\nFax: (949) 209-0485<br \/>\n<a href=\"mailto:Jessica@PacWestaccounting.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"il\">Jessica@PacWestaccounting.com<\/span><\/a><br \/>\n<a href=\"http:\/\/www.pacwestaccounting.com\/\" target=\"_blank\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/www.pacwestaccounting.com\/&amp;source=gmail&amp;ust=1568435674590000&amp;usg=AFQjCNGuJh9jnsGNi5EwKWGkZpCuu29gFw\" rel=\"noopener noreferrer\">www.PacWestaccounting.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Gals 08\/29\/2019 Attendees: Andi, Susan, Orchidea, Heather, Angela, Heidi, Megan, Sharon, Jen, Julie Idea for future gatherings: Battleax hwy&hellip;<\/p>\n","protected":false},"author":1,"featured_media":492,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[31,33,45],"class_list":["post-444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finances","category-ggg","tag-ggg-2","tag-global-gals-gathering","tag-jessica-estrada"],"_links":{"self":[{"href":"http:\/\/global-gals.com\/index.php?rest_route=\/wp\/v2\/posts\/444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/global-gals.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/global-gals.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/global-gals.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/global-gals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=444"}],"version-history":[{"count":1,"href":"http:\/\/global-gals.com\/index.php?rest_route=\/wp\/v2\/posts\/444\/revisions"}],"predecessor-version":[{"id":493,"href":"http:\/\/global-gals.com\/index.php?rest_route=\/wp\/v2\/posts\/444\/revisions\/493"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/global-gals.com\/index.php?rest_route=\/wp\/v2\/media\/492"}],"wp:attachment":[{"href":"http:\/\/global-gals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/global-gals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=444"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/global-gals.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}