Prepare to be immersed in an extraordinary blend of community and commerce at the Henderson Chamber of Commerce's "Ready, Set, Expo" on September 18, 2024. Our annual expo helps small businesses win big by providing a platform for showcasing your products, tapping into invaluable resources and expanding your network within the local business ecosystem. Register […]
WHAT WILL BE COVERED IN THIS WORKSHOP? Setting clear business goals, time management, ensuring consistent delivery of products/services, and understanding financial statements.
Experience a journey from heartache to hope through Eli's signature blend of acoustic pop, indie vibes, and heartfelt lyrics in this intimate and powerful show.
Mark your calendar for a special event to meet with lenders from Senator Dina Neal’s $30 million Small Business Impact Fund.
Lesson 1: Federal Taxes and Your New Business · Employer Identification Number · Recordkeeping · Bookkeeping systems · Accounting Methods · Types of Business Structures · Sole Proprietorship · Partnership · Corporation · S Corporation · Limited Liability Company · Sharing or Gig Economy · Choosing a paid preparer Register here: https://sbed.ecenterdirect.com/events/1019099
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 · Gross Profit and Gross Income · Bartering · Completing Schedule C Part II · Car and Truck Expense · Depreciation · Tax Cut and Jobs Act of 2017 – Changes […]
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 Payment System (EFTPS) and EFTPS Payment Methods Register here: https://sbed.ecenterdirect.com/events/1019101
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 · Test Your Knowledge – Exclusive Use Test · Regular Use Test · Test Your Knowledge – Regular Use Test · Principal Place of Business Test · Activities that don’t […]
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 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 […]
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 · Calculating Payroll: Farm workers · Calculating Withholding · Calculating Withholding: Wage Bracket Method · Calculating Withholding: Percentage Method · Other Withholding - Social Security, Medicare, and Additional Medicare Taxes […]
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 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 […]
