Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.

Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. 

In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.

Introduction to Recordkeeping is a hands-on workshop to teach business owners how to keep track of income (receipts) and expenses (disbursements) using a straightforward MS Excel spreadsheet approach.

How to Start A Nonprofit: A Step-by-Step Guide to Getting Started

Ready to turn your vision into reality? Join us for a webinar that will provide you with practical step by step guidance for establishing a nonprofit public charity.  This webinar is suitable for anyone that has already made the decision to form a nonprofit and would benefit from understanding the essential stages - from initial conception to achieving tax-exempt status and beyond.

What You'll Learn:

1. Strategies for recruiting a dedicated and effective Board of Directors.
2. The seven essential steps to forming a nonprofit public

Schedule C and other small business taxes 

Qualified Business Income (Section 199A) Deduction 

Completing Schedule C Part 1 

Gross Receipts and Returns & Allowances 

Cost of goods sold 

Gross Profit and Gross Income 

Bartering 

Completing Schedule C Part II, Expenses 

Car and Truck Expense 

Depreciation 

Tax Cut and Jobs Act of 2017 - Changes to Expensing and Depreciation 

Legal and Professional Services and Office Expenses 

Supplies 

Travel, Meals, and Entertainment 

Net Profit or Loss 

Possible Deductions on Form 1040 

Deducting Start-up Costs 

Self-Employment and Estimated

Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. 

In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.

Filing and paying taxes electronically 

Introduction and Benefits of E-Filing 

Customize this Lesson for your Business 

Do you pay your taxes electronically? 

Sole Proprietor 

Partnership 

Corporation 

Charity or Non-profit 

Benefits of Paying Electronically 

Electronic Funds Withdrawal 

Electronic Filing Tax Payment System (EFTPS) 

EFTPS Payment Methods

Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. 

In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.

Introduction to Recordkeeping is a hands-on workshop to teach business owners how to keep track of income (receipts) and expenses (disbursements) using a straightforward MS Excel spreadsheet approach.

Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. 

In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.

Business use of your home 

Simplified Home Office Deduction 

Qualifying for business use of the home deduction – Exclusive Use Test 

Regular Use Test 

Principal place of business test 

Activities that don’t disqualify your home office 

Meeting place for customers test 

Separate structure test 

Deduction limits 

Types of expenses 

Expenses related to the business activity in the home

Business Use of the Home Expenses 

Deductible expenses 

Deduction limits – Gross Income 

Example – Determining the home office deduction 

What you can't do 

Selling your home when you used it for business 

Illegal Tax Avoidance

Federal taxes when hiring employees or independent contractors 

Employment Taxes 

Worker classification - Employee or Independent Contractor 

Behavioral Control 

Financial Control 

Relationship with worker 

Determining worker status 

Employer responsibilities if you have employees 

Determining eligibility of employees to work legally in the U.S. 

Form W-4 

Verification of employee SSNs 

Form W-2 Wage and Tax Statement 

Ensuring new employees provide correct information 

Document the steps you take Issuing Forms W-2 

Earned Income Tax Credit (EITC) 

Individual Tax Identification Number (ITIN) 

Independent

Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business.

In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.

Managing payroll to withhold the correct amount of tax 

Wages and Calculating Payroll 

Calculating Payroll 

Calculating Payroll: Tips 

Allocated Tips 

Tip Rate and Education Program 

Calculating Payroll: Non-Profits 

Calculating Payroll: Farm workers 

Calculating Withholding 

Calculating Withholding: Wage Bracket Method 

Calculating Withholding: Percentage Method 

Other Withholding - Social Security, Medicare, and Additional Medicare Taxes 

Additional Medicare Tax Withholding 

Taxes on Employee Tips 

Tax on Employee Tips - Withholding 

Federal Unemployment Tax Act (FUTA) 

FUTA Tax – Household Workers 

Calculat

Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.

Tax deposits and filing a return to report payroll taxes 

Making tax deposits 

Deposit Due Dates 

Determining Deposit Schedule – Using Lookback Period 

Monthly Depositor 

Semiweekly Depositor 

$100K Next-Day Deposit Rule 

Late Deposit Penalties 

Electronic fund transfer for federal tax deposits 

Reporting Payroll Taxes 

Completing Form 941 

Wage Base 

Penalties and Interest 

Benefits of e-file 

Outsourcing Payroll Duties

Nonprofit Essentials 101: What to do in your first 12 months! 

Starting a nonprofit 501(c)(3) organization is a major decision that requires significant forethought before and after you receive IRS tax exemption. As a nonprofit founder and/or new board member, you will likely have questions that you don’t even know to ask! 

What you’ll learn after attending this workshop: 

• How to prepare for your first board meeting • Available board committees and their purpose • Whether Charitable Solicitation Laws apply to you • Which insurance policies are available for nonprofit organizations • The

Hiring people who live in the U.S. who aren't citizens 

Determining a worker's tax status 

Individual Tax Identification Number (ITIN) 

Work Eligibility 

Resident Alien 

Nonresident Alien 

Calculating withholding 

Exception to General Rules for Withholding 

Employment Taxes 

Nonresident alien independent contractors 

Filing employment tax returns

Start-up Basics: This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.