Thursday Nov 10, 2022
11:00 AM - 1:00 PM EST
THUR., NOV. 10, 11 AM TO 1 PM
Zoom webinar
Free to attend
Andrew Dermack
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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:
Choice of business entity
The 1st years tax elections and their effect
How to deduct assets
Deducting your auto
The returns that you will need to file
The areas that the IRS focus on, should be audited
Tax planning techniques
Learning Outcomes: People who attend this class will learn:
About the importance of quarterly tax payments
How profits vs. distributions affect your tax bill
What taxes business owners need to pay
How to reduce your taxes and save for the future
What credits you can claim
Printed courtesy of matthewschamber.org/ – Contact the The Matthews Chamber of Commerce for more information.
, Matthews, NC 28106 – (704) 847-3649 – office@matthewschamber.org