Foundational Accounting for Financial Confidence

Foundational Accounting for Financial Confidence

Recorded On: 09/13/2025

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This presentation, led by CPA Thomas Hlavaty and Financial Advisor Donna Gero, offers essential financial guidance for independent contractors and salaried court reporters. This webinar will cover:

  • Employment Types: Understand the differences between 1099 (contractor) and W-2 (employee) roles.
  • Tax Deductions: Learn what expenses are deductible based on your employment status.
  • Business Structures: Compare sole proprietorships and corporations for tax and legal benefits, tips, and common deductions.
  • Retirement Planning: Explore Solo 401(k), SEP IRA, Roth IRA, and other savings options.
  • Tax Planning: Estimate and pay quarterly taxes, and stay compliant with federal, state, and local rules. Tax strategies for freelancers and officials.
  • Advanced Strategies: Income splitting and HSAs.

0.1 CEU


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Brought to you through NCRA's partnership with VCRA.

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Video - Foundational Accounting for Financial Confidence (Part 1)
Open to view video.  |  34 minutes
Open to view video.  |  34 minutes This video should not be viewed on a mobile device. The video screen must be the forefront screen. Minimizing the video or viewing from a mobile device will result in a miscalculation of the required minutes to complete this webinar.
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Video - Foundational Accounting for Financial Confidence (Part 2)
Open to view video.  |  34 minutes
Open to view video.  |  34 minutes
You must register to access.
Quiz - Foundational Accounting for Financial Confidence
2 Questions  |  2 attempts  |  100/100 points to pass
2 Questions  |  2 attempts  |  100/100 points to pass To receive 0.1 Credit, you must answer both questions correctly. If you do not pass, you will have one more attempt. If both attempts are unsuccessful, you may purchase a quiz retake for $10 by emailing learningcenter@ncra.org. You may only purchase one quiz retake. *After passing the quiz, do not forget to view/print your certificate to gain your CEU credit.
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Certificate - Foundational Accounting for Financial Confidence
0.100 CEU Credit credits  |  Certificate available
0.100 CEU Credit credits  |  Certificate available You must click on "VIEW/PRINT YOUR CERTIFICATE" in order for the credit to be posted to your NCRA transcript.
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Webinar Survey
5 Questions
5 Questions
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Thomas Hlavaty, CPA

Born and raised in Cleveland, Tom graduated from Cleveland State University and joined a local CPA firm. There, he was exposed to various industries and accounting systems as a senior accountant. Tom left to work for a hospitality company that grew from 6 to 50 locations during his tenure.  There, he learned strategic planning, budgeting, and preparing detailed analysis reports while managing the accounting department.  He also attended seminars to learn how to read and prepare corporate tax returns.  With a desire to achieve higher goals, he left to open his own tax and consulting business, with a diverse client base specializing in the service industry. He currently resides in Olmsted Township, Ohio, on nine acres where he decompresses from solving clients’ challenges. 

Donna Gero

Donna is First Vice President and Senior Resident Director of Merrill Lynch's Hudson, Ohio office. She has been with Merrill Lynch for fifteen years. Donna is committed to delivering personalized, long-term strategies tailored to her clients' needs.