BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ChamberMaster//Event Calendar 2.0//EN METHOD:PUBLISH X-PUBLISHED-TTL:P3D REFRESH-INTERVAL:P3D CALSCALE:GREGORIAN BEGIN:VEVENT DTSTART:20240206T180000Z DTEND:20240206T193000Z X-MICROSOFT-CDO-ALLDAYEVENT:FALSE SUMMARY:Tax Planning for Small Business Owners in 2024 and Beyond DESCRIPTION:The Turner Center for Entrepreneurship and Illinois Small Business Development Center (SBDC) at Bradley University is thankful to Total Income Tax for providing this no-cost webinar to provide the best practices for small business tax planning. As a small business owner\, you have a lot on your to-do list and filing taxes might seem like an overwhelming task. This training event will help you plan ahead\, get organized\, and manage cash flow so you can set aside enough money to cover your tax bill and avoid financial strain and alleviate stress during tax time.\n\n \n\nTOPICS OF DISCUSSION:\n\n \n\nStarting Right\n\nThe value of tax planning \n\nTax impacts to consider when setting up your bookkeeping\n\nBasics of tax reporting (What\, When\, How and Why)\n\nIncome Tax Reporting\n\nSales Tax Reporting\n\nDeductibility of start-up expenses\n\nShould you prepare your tax forms or hire a professional?\n\n \n\nMaintaining Good Practices\n\nGood recordkeeping know your numbers\n\nWhere to obtain timely\, complete\, and accurate information\n\nBenefits of quarterly meetings with your accountant\n\nWays to retain earnings in your business\n\nHow to respond to a tax levy or garnishment\n\n \n\nWhat's New for 2024\n\n1099 Reporting and Merchant Processing\n\nBeneficial Ownership reporting (FinCEN)\n\nEmployee Retention Credit (Updates? Observations? Implications?)\n\nInflation Reduction Act \n\nEV or Clean Energy Credits for consumer/small business\n\nNew hiring at the IRS (increased audit risk\, or HR attrition management?)\n\n \n\nWho should attend:\n\nProspective Business Owners\n\nNew Business Owners and Recent Business Founders\n\nAll Small Business Owners Seeking Tax Planning Information\n\n \n\nOUR SPEAKER:\n\n \n\nWilliam Sharpe\, President\, Total Income Tax\n\n \n\nCosponsored by: Peoria Chamber of Commerce\, SCORE\, Minority Business Development Center\, Hispanic Chamber of Commerce\, Illinois APEX-Bradley University\, and SmartStart Dashboard. Registration information will be shared with training partners.\n\nRegistration Zoom Link:\n\nhttps://Bradley.zoom.us/meeting/register/tJwtc-GgpzMtHtzzIBkLNG1M3MZLgYL-evSN X-ALT-DESC;FMTTYPE=text/html:The Turner Center for Entrepreneurship and Illinois Small Business Development Center (SBDC) at Bradley University is thankful to Total Income Tax for providing this no-cost webinar to provide the best practices for small business tax planning. As a small business owner\, you have a lot on your to-do list and filing taxes might seem like an overwhelming task. This training event will help you plan ahead\, get organized\, and manage cash flow so you can set aside enough money to cover your tax bill and avoid financial strain and alleviate stress during tax time.
\n \;
\nTOPICS OF DISCUSSION:
\n \;
\nStarting Right
\nThe value of tax planning
\nTax impacts to consider when setting up your bookkeeping
\nBasics of tax reporting (What\, When\, How and Why)
\nIncome Tax Reporting
\nSales Tax Reporting
\nDeductibility of start-up expenses
\nShould you prepare your tax forms or hire a professional?
\n \;
\nMaintaining Good Practices
\nGood recordkeeping &ndash\; know your numbers
\nWhere to obtain timely\, complete\, and accurate information
\nBenefits of quarterly meetings with your accountant
\nWays to retain earnings in your business
\nHow to respond to a tax levy or garnishment
\n \;
\nWhat&rsquo\;s New for 2024
\n1099 Reporting and Merchant Processing
\nBeneficial Ownership reporting (FinCEN)
\nEmployee Retention Credit (Updates? Observations? Implications?)
\nInflation Reduction Act
\nEV or Clean Energy Credits for consumer/small business
\nNew hiring at the IRS (increased audit risk\, or HR attrition management?)
\n \;
\nWho should attend:
\nProspective Business Owners
\nNew Business Owners and Recent Business Founders
\nAll Small Business Owners Seeking Tax Planning Information
\n \;
\nOUR SPEAKER:
\n \;
\nWilliam Sharpe\, President\, Total Income Tax
\n \;
\nCosponsored by: Peoria Chamber of Commerce\, SCORE\, Minority Business Development Center\, Hispanic Chamber of Commerce\, Illinois APEX-Bradley University\, and SmartStart Dashboard. Registration information will be shared with training partners.
\nRegistration Zoom Link:
\nhttps://Bradley.zoom.us/meeting/register/tJwtc-GgpzMtHtzzIBkLNG1M3MZLgYL-evSN LOCATION:Online UID:e.526.7355 SEQUENCE:3 DTSTAMP:20260422T000718Z URL:https://business.epcc.org/events/details/tax-planning-for-small-business-owners-in-2024-and-beyond-7355 END:VEVENT END:VCALENDAR