It’s Small Business Week: IRS Offers Tax Tips for Entrepreneurs
If you’re an entrepreneur, you thrive on the excitement of running a small business, which rarely includes preparing your business tax return!The truth is, however, entrepreneurs should always be thinking of their business taxes, and the IRS works hard to ensure you’re educated.It’s hosting a series of webinars during National Small Business Week (May 1 to 7) to help small business owners and self-employed individuals better understand their tax challenges and how to meet their tax obligations.Each webinar begins at 2 p.m. Eastern (11 a.m., Pacific; noon, Mountain; 1 p.m., Central) and includes a tax tip or fact sheet with more information:
- May 3 - Staying Afloat: Planning for Emergencies Before they Happen.
- Topics include: Payroll continuity, record and data protection, and disaster preparation
- Register at https://www.webcaster4.com/Webcast/Page/445/14492.
- May 4 - Worker Classification: Employee or Independent Contractor? (in Spanish).
- Topics include: Payments to independent contractors, and Form SS-8
- Register at https://www.webcaster4.com/Webcast/Page/445/14546.
- May 5 - Tip Reporting and Tips vs. Service Charges.
- Topics include: Recordkeeping for employers and employees, and Form 8027
- Register at https://www.webcaster4.com/Webcast/Page/445/14436.
Have other questions about your small business taxes? Patrick & Robinson CPAs serves entrepreneurs in Northeast Florida and beyond—and has—for more than 34 years. Contact our experienced tax accountant team for guidance: Office@CPAsite.com or (904) 396-5400.