| Published | 2020-12-17 |
| Platform | Udemy |
| Rating | 4.42 |
| Number of Reviews | 22 |
| Number of Students | 165 |
| Price | $19.99 |
| Instructors |
John Sutton
|
| Subjects |
Beginner to Advanced Income Tax Concepts and Tax Saving Options
This courses is for all business owners (in the United States) from brand new - understand the basics of how your income taxes work now that you're self-employed - to established business owners - maximize your income tax deductions and minimize your tax liability. No prior income tax or accounting experience required. Created by an experienced CPA & tax accountant.
Topics I cover in this course include:
Common business structures and options for income tax treatment
How taxable income determined
How you should pay yourself for services you perform and distributions of profits
How to pay your income taxes, strategies to determine how much to pay, and how to avoid penalties for underpayment
Business expenses you can use to reduce your taxes
Recommendations for tracking your business’ financials
Choosing a payroll service provider and recommendations to have smooth experience running payroll
State and local obligations beyond filing your income tax returns
Common retirement plan options available to save for your retirement, reduce your tax liability, and offer as a benefit for employees
And a whole lot more! Check out the course layout and preview videos!
This course provides general information that is intended to be widely applicable to small business owners. Not all of this information will be applicable to your unique situation. This course is not a replacement for an accountant or an attorney. I highly recommend you consult with an experienced accountant and attorney before forming your business and throughout the life of your business.
The information in this course is intended to provide a foundation and allow you to start the conversation on these topics with your chosen paid professionals.