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SBDC Tax Know-How for Small Businesses - Virtual Event

SBDC Tax Know-How for Small Businesses - Virtual Event

Wednesday, 02 February, 2022

Location: Online/Webinar

Description:

Business Status: Pre-Venture, Startup

In this session we will cover how business income can be taxed and treated based on the variety of ways a new business is set up with the state and the IRS.

In this webinar:

  • Tax responsibilities of various legal entities, startup cost definition
  • How general and startup expenses are deductible
  • Show you the difference in W2 (employees) and 1099 (independent contractors) from a strategic tax view
  • How much to pay yourself including required withholdings

Bring your questions for Q&A.

About the Speaker:

Kathrine O'Connell, Tax Advisor, Block Advisors, Glen Ellyn.

Register now: https://ilsbdc.ecenterdirect.com/events/35842

Cost:

Free

Contact:

Business Development Center