As a taxpayer and business owner you are responsible for the information reported to the taxing authorities. That also means the burden of providing complete and accurate records to your preparer falls on you. This workshop will equip you with enough knowledge to (1) ask your preparer the right questions, (2) take advantage of deductions and credits, (3) remain compliant (protection), and (4) prepare for the 2016 and 2017 tax year.
Audience: This two hour workshop is designed for small business owners (new and seasoned) and their bookkeeping professionals. This workshop is focused on Multi-Member LLC's and Partnerships.
Common Mistakes - Small Business Tax Returns
2016 Small Business Credits and Deductions
Preparation for 2016 Tax Filing - Tax Organizer
- Your Tax Preparer
- Audit Insurance
- Fraud Prevention
- Review of Prior Year Return
- Financial Statements
- Capital Accounts
- Home Office & Vehicle usage deductions
- Proper Recordkeeping
- In-house payroll; 1099 filing Requirements
Retirement Plans (Overview)
Post - Filing Issues (Typical)
2017 - Stepping Proper
Please note: We will only address Pennsylvania State filing during this workshop.