Income Tax & Self-Employment: Tips for Small Business Owners

Small business owners, make your 2025 tax filing season easy! Join tax and business attorneys for this in-person workshop and arm yourself with essential knowledge to help you prevent income tax issues. There will be Q&A time, so bring your questions for the attorneys!

Topics Covered:

· Schedule C: The Most Audited Schedule on 1040 (Personal Tax Return)

· Best Practices for Recordkeeping and Evidence-gathering to Prepare for an Audit

· Self-Employment Tax & Income Tax

· Quarterly Estimated Tax Payments

· 1099s: What They Are, When to Issue Them, What to Do If You Receive Them

· Avoiding IRS Penalties & Interest

· IRS Collections Options: Payment Plans, Currently not Collectible status, Offer in Compromise

· IRS.gov & Mass. Tax Connect: Setting Up Accounts for Your Business

Who Should Attend:

· Small Business Owners (sole proprietors, partners, LLC-members, etc.)

· Entrepreneurs and Start-up Founders

· Gig-workers or anyone receiving 1099s

· Entrepreneurs and Start-up Founders

· Business Consultants and anyone interested in Business Management

Facilitators: Velinda Peralta Bolduc

Jenny Eldred

Mel Jiganti

This informative workshop is offered at no cost and is being sponsored in partnership with the and the .

Host or Publisher Enterprise Center at Salem State University