Upcoming U.S. SBA and IRS Webinars for Small Business
Thursday, February 17, 2022- Schedule C for Sole Proprietors
Time: 11:00 am – 12:00 pm EST
During this workshop we will provide an overview of Form 1040, Schedule C, Profit or Loss from Business. The workshop will cover:
- How to calculate gross profit and gross income
- How to identify and deduct expenses
- How to calculate net profit and loss
- Self-employment tax and,
- Estimated tax
Register Here: Small Business Administration (sba.gov)
Thursday, February 24, 2022 – Deductions for Home Office Use
Time: 11:00 am – 12:00 pm EST
During the workshop we will provide an overview of tax deductions for home office use. We will discuss:
- The requirements to qualify for a deduction
- How to determine the business percentage of home use
- The types of expenses you can and cannot deduct
- How to determine the limits on deductions and,
- Where to deduct the expenses on your return
Also hear from guest speakers Ervin Clarke, Founder/Chairman, Central Virginia African American Chamber of Commerce and Randy M. Brown, Business Services Manager, Richmond Dept. of Small Business & Supplier Diversity.
Register Here: Small Business Administration (sba.gov)
*All participation is virtual. The events will be hosted on Microsoft Teams. IRS materials are used for the presentation and shared electronically with attendees.
0 Comments