Join CPA Steve Kalt as he covers last minute tax tips for 2011 and covers changes heading our way in 2012. Not only will you learn (or be reminded) of last-second ways to lower your 2011 tax bill, but you will hear about many of the new requirements, regulations and rules that impact you.

Here is a partial list:


* New Tax Legislation including the payroll tax deduction
* Sweeping changes to tax forms and increased preparation fees
* 1099 filing requirements and penalties
* Several changes for estates
* New real estate professional tax cases (Are you tracking your hours?)
* New credits for small businesses
* Bonus Depreciation - 100% or 50% or 0%
* New Form 1099-K - How ALL businesses with credit card or Pay Pal sales will be affected
* Listed Property - Cell Phone log no longer required but auto log still is
* Choice of Entity - update on the audit rates
* Health Care reform issues