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Starting a Small Business/Expert Profile

Paul Sid, CPA CFA

U.S.

On Vacation
returns 05/30/2012

Expertise

I am a CPA and CFA with more than 20 years of assisting others to address a wide variety of tax and financial issues, including: (a) tax and timing for conversion of various retirement vehicles including 401(k), traditional IRA, and Roth IRA; (b) starting date considerations for social security benefits and related tax liabilities; (c) computation of book and tax basis, gains and losses on investments, §1031 exchanges; (d) tax benefits and deductions on principal residence, vacation homes, and investment properties; (e) acquisitions of business properties, computation of bonus depreciation, and MACRS depreciation; (f) tax as related to various martial issues, including dependences, noncitizen spouses, and divorce settlement; (g) review of college funding options and tax attributes; (h) tax computation and investment considerations for fixed and variable annuities; (i) tax considerations relating to gifting by parents and grandparents; (j) tax on employee benefits programs including retirement plans, health insurance, and other benefits; (k) tax on inherited assets including assets, insurance, and other assets.

Paul Sid, CPA CFA
FinancialEdge.net

Experience in the area

I have over 20 years of financial, accounting, and tax experience in working with individuals and fortune 500 companies.

Organizations

Financial Planning Association of San Francisco, webmaster
Tax Executive Institute, Santa Clara Chapter

Education/Credentials

BS Accounting, CPA, CFA

Awards and Honors

B.S. California State University, Los Angeles, CA CPA (California), CFA

Average Ratings

Recent Reviews from Users

User	Date	K	C	P	Comments
Ed	04/19/12	10	10	10
Lamont	01/31/12	7	6	10	I appreciate the expert's answer, but it .....
Claudia Suarez	01/26/12	10	10	10
Rehman	01/19/12	10	10	10

Recent Answers from Paul Sid, CPA CFA

2012-04-18 LLC and Hiring:

Hi Ed, Thanks for your question. Most people hired meet the definition of an employee. If such is the case get provide them with an employment contract and have them complete a Form W-4 for tax

2012-01-30 Trust Fund Question:

Hi Lamont, It sounds like you have a great and smart father. What are trusts? Trusts are legal vehicles which is to hold various assets (e.g. money, real estates, stocks, etc.) and will be distributed

2012-01-24 Structure of a business as LLC or S Corp:

Hi Claudia: It appears that you have done your homework and is narrowing down your decision to two choices: LLC or S-Corp. When making your selection there are several significant areas for considerations-

2012-01-18 How the company’s weighted average cost of capital (WACC) is narrated generally?:

Hi Rehman, Thanks for your question. What is available on the internet is much more detail that a brief explanation that I can provide. I had performed a search on the internet and found some excellent

2011-12-03 Questions on a Operating Agreement for a LLC:

Hi Fola, Purpose of the operating agreement. We live in a litigious society. Should one get sued courts will look for the operating agreement to determine if the single member is personally liable

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