How to File and Pay Your Taxes Electronically and Business Use of Your Home - Session 3

Event description

Tax season is here! Join the U.S. Small Business Administration (SBA) and the Internal Revenue Service (IRS) for an informative five-part Small Business Tax Workshop Series. Participants are encouraged to attend as many sessions as possible.

The first three sessions are relevant to all small business owners, regardless of the type of business or whether you have employees. The final two sessions are designed for those who currently have employees or are considering hiring in the future.

Session 3 - How to File and Pay Your Taxes Electronically and Business Use of Your Home

For small business owners, e-filing and electronic payments provide convenience, security, and efficiency, allowing them to focus more on running their business than dealing with paperwork. Moreover, by correctly deducting home office expenses, small businesses can legally minimize their tax burden, improve cash flow, and avoid IRS issues- all while effectively using their home as a business asset.

In this workshop, we'll discuss

• IRS E-File and its benefits for your individual and business returns
• Electronic payment options
• Qualifications for business use of your home deduction
• How to determine the business percentage of home use
• Types of expenses you can and cannot deduct

For more information, contact Monica Stuber at (361) 360-0319 or monica.stuber@sba.gov.

The U.S. Small Business Administration provides programs and services on a nondiscriminatory basis. Moreover, SBA can make reasonable arrangements for persons with disabilities if requested at least two weeks in advance.

The SBA's participation does not endorse any opinion, product, or service of the organizations in attendance. The SBA organizes informational workshops for business development purposes only.