Business Income and How It Is Taxed

 In this workshop you will:

Learn about the different types of business entities:

• Sole-proprietor
• Partnership
• LLC
• S-Corp
• C-Corp
• Others
  •  Including corporate maintenance
  •  Avoid comingling of money

Learn what is business income:

• Revenue minuses expenses
• Not cash taken by the owner
• Recordkeeping Requirements

Business income tax forms

• Understand which type
• Define & discuss flow-through entities

How business income is taxed

How to pay income tax on business income

• EFTPS/AZ Taxes
• Quarterly Payments
• Underpayment penalties & how to avoid them

Legislative Updates (plus changes from the Tax Cuts and Jobs Act).

Date:              June 28, 2018
Time:             9:00 am – 11:00 am
Location:      GateWay Community College, SBDC, South Building
                        108 N 40^th Street, Phoenix, AZ
Fee:                None

REGISTER  HERE