Lesson 2: 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 […]

Lesson 3: Filing and Paying Taxes Electronically  ·           Sole Proprietor ·           Partnership ·           Corporation ·           Charity or Non-profit ·           Do you pay your taxes electronically? ·           Benefits of Paying Electronically ·           Electronic Funds Withdrawal ·           Electronic Filing Tax […]

Lesson 4: Business Use of Your Home ·           Simplified Home Office Deduction ·           Qualifying for business use of the home deduction – Exclusive Use Test ·           Test Your Knowledge – Exclusive Use Test […]

Lesson 5: 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 […]

Lesson 6: Managing Payroll to Withhold the Correct Amount of Taxes ·           Wages and Calculating Payroll ·           Calculating Payroll ·           Calculating Payroll: Tips ·           Allocated Tips ·           Tip Rate and Education Program ·           Calculating Payroll: Non-Profits […]

Lesson 7: 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 […]

Lesson 8: 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 […]