Small Business Taxes
Date and Time
Thursday Nov 10, 2022
11:00 AM - 1:00 PM EST
THUR., NOV. 10, 11 AM TO 1 PM
Location
Zoom webinar
Fees/Admission
Free to attend
Contact Information
Andrew Dermack
Send Email
Description
Income Tax Basics for the Small Business
As a small business owner knowing the basics of taxes will help save you money and keep you out of trouble. In this class we will discuss business entities and the different forms for each. We will talk about what is deductible and what is not and where to you use them. How profits and distributions effect your tax bill and many other important subjects that you should know as a business owner.
Key Topics:
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Choice of business entity
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The 1st years tax elections and their effect
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How to deduct assets
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Deducting your auto
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The returns that you will need to file
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The areas that the IRS focus on, should be audited
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Tax planning techniques
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Learning Outcomes: People who attend this class will learn:
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About the importance of quarterly tax payments
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How profits vs. distributions affect your tax bill
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What taxes business owners need to pay
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How to reduce your taxes and save for the future
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What credits you can claim