Mastering Small Business Taxes

Date and time

-

Event cost

$19.00

Location

9800 Northwest Freeway
Ste 120
Houston, TX 77092

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Organizer

Ivy Martinez
alliwbc@wbea-texas.org
713-681-9232

Host organization

Women's Business Enterprise Alliance

Type of event

Resource Partner event

Event description

Mastering Tax Season- Session 1

Speaker: Sheba Gonzalez (IRS Liaison)

Federal Taxes and Your New Business -We'll explain the purpose of the employer identification number, describe basic recordkeeping requirements for tax purposes, define basic bookkeeping and accounting methods, explain the forms of business organizations, and finally, suggest how to select the paid tax preparer.

Schedule C and Other Small Business Taxes-We'll provide an overview of Form 1040, Schedule C, Profit or Loss from Business, and discuss how to calculate gross profit and gross income, show you how to identify and deduct expenses, and how to calculate net profit or loss. We'll also discuss self-employment tax and estimated tax.

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