SCORE - Tax Insights to Prepare Your Small Business for Tax Season

ax preparation is a daunting task that many entrepreneurs put off until the last minute. This procrastination is usually the result of being uncertain of exactly what you need to do! This Workshop is designed to equip you with the knowledge and insight needed to make preparation for this tax year less intimidating. We will review such topics as:

The documents you need to gather for your Tax Preparer (or yourself if filing without a Tax Preparer).

The difference between W2 Forms and 1099 Forms

Standard Deduction versus Itemized Deductions

Home Office Deduction

Health Insurance Deduction

Self-Employment Taxes

Important Tax Deadlines the Businesses Must Be Aware Of.

Other useful topics regarding Tax Preparation will also be discussed. Proper preparation helps to ensure a more accurate tax return, and less delays in processing your Business's Tax Return.

The Facilitator for this Workshop is Annette Brown. Annette is a Certified Public Accountant, Financial Coach, and is the Owner and Founder of ABC Accounting Services. Annette received her BS in Accounting from Northern Illinois University, and her CPA Certification from the University of Illinois. Annette began her career in the Corporate Sector. 10 years ago, Annette started ABC Accounting with a vision to assist business owners overcome the challenges of entrepreneurship and become more profitable in their Business. As a CPA, Annette helps Business Owners create strategies to achieve their business goals, and as a Financial Coach, Anette teaches money management skills and strategies for saving, reducing debt, and attaining Financial Independence.

Cohost: Fountaindale Public Library