Maximize Your Business Tax Returns – Montgomery County

Unhappy with your tax returns this year? It’s not too late! During this workshop, get insider knowledge from a Certified Public Account on ways to save money on your taxes. If you already filed your 2018 taxes, you can still amend based on lessons learned during this workshop. Or, apply what you learn to proactively save money on your 2019 taxes. We will address main categories on Schedule C including: How to recognize revenue Cost of Goods Sold Depreciation Expenses such as parking, advertising, mileage, contract labor Pensions Health Insurance Interest Legal and Professional Services Rent Meals Home Office We’ll also discuss certain business credits available to small business owners, including the Qualified Business Income (QBI) deduction. This workshop is directed to small business owners who don’t have an entity separate of themselves (single member LLCs, sole proprietors, husband/wife partnership that don’t want to file a partnership return).   About…

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