The IRS is presenting free two webinars this month that will be interesting to both small business owners and tax professionals.
First, on June 18 will be “Small Business Owners: Get All the Tax Benefits You Deserve”. Topics will include available business tax credits, up-to-date information about the American Taxpayer Relief Act and business expenses and deductions.
Then, on June 20, the webinar will be “Avoiding the Top Tax Mistakes that Small Businesses Make”. Topics covered in this session will include good recordkeeping strategies, what is reportable income and how to carefully choose a tax preparer.
Both webinars take place at 2 p.m. EDT and will include a live Q & A session.
More information on the broadcasts is available on the IRS website, including a link to register.
Another resource for small business owners is available anytime and has recently been updated. “Small Business Taxes: The Virtual Workshop” provides nine interactive lessons that provide training for small business owners who want to learn about their tax rights and responsibilities. Click here for a more detailed description of the lessons and here for a link to the IRS Video Portal where lessons are archived.