Small Business Accounting and Tax Strategies

OVERVIEW:

• -Start planning now for what is needed to maximize your tax deductions.
• -Understand your business revenue & expenses and how to report them.

IN THIS WORKSHOP, YOU WILL LEARN:

• -Home Office Deduction: A review of the basics, including nexus implications during the pandemic.
• -Demystifying the meal costs deduction
• -Shareholder Basis: the importance of tracking and reporting
• -Business Income and Expenses: A Review of the Basics
• -What to do when you receive a letter from the IRS
• -… and much more!