Business Tax Rules You Have to Know for Your Small Business (Core) - Hybrid

This seminar provides a concise overview of the key distinctions between individual business filers and formal business entities. It will cover how sole proprietors report income using Schedule C, landlords use Schedule E, and farmers file under Schedule F, all within the individual Form 1040 framework. The session will then contrast these with separate business return structures, including partnerships (Form 1065), S corporations (Form 1120-S), and C corporations (Form 1120). Attendees will gain clarity on how income flows, how liability and structure differ, and what triggers a transition from individual to entity taxation. The seminar will also introduce the primary taxes associated with each structure, including self-employment tax, federal and state income tax, and franchise or entity-level taxes. This high-level session is ideal for building foundational understanding without diving into operational complexity.
To register for the seated event, click the link below: https://www.ncsbc.net/workshop.aspx?ekey=500460067
To register for the online event, click the link below: https://www.ncsbc.net/workshop.aspx?ekey=500460066