Legal Entities and Tax Issues, how will your business find its identity? In session two we will be exploring the differences between the business entities available to a startup business. Each entity comes with its own advantages and disadvantages. Through the guidance of a certified SCORE mentor, those options will be thoroughly explained along with the tax implication of the ultimate decision. This session will also look at several related issues: Importance of accurate records and bookkeeping options. Tax filing requirements and paying estimates. Payroll Taxes, Sales Tax, Social Security, and Unemployment Tax. Financial consideration. Attendees will have the ability to interact with a certified SCORE mentor with career background in income tax and business entity planning.