10:00 AM - 11:00 AM (CDT)
9/29/21 12:00 AM (CDT)
No Fee Business Development Center
Online Meeting (Live)
Business Start-up/Preplanning, Tax Planning
Business Status: Pre-Venture, Startup
In this session we will cover how business income can be taxed and treated based on the variety of ways a new business is set up with the state and the IRS.
In this webinar:
- Tax responsibilities of various legal entities, startup cost definition
- How general and startup expenses are deductible
- Show you the difference in W2 (employees) and 1099 (independent contractors) from a strategic tax view
- How much to pay yourself including required withholdings
Bring your questions for Q&A.
About the Speaker:
Kathrine O'Connell, Tax Advisor, Block Advisors, Glen Ellyn.
Special Accommodations: In accordance with the American Disabilities Act and state law, you may request accommodations due to a disability by contacting the event organizer listed above. Advance notice may be necessary for some accommodations. Registration must be paid prior to accommodation requests.