VIRTUAL Tax Event -Barbers & Hair Stylists MasterClass

Welcome to the Barbers & Hair Stylists Tax Event: Getting InStep with the IRS! Are you ready to tackle your taxes like a pro? Join us online for expert tips and tricks tailored specifically for barbers and hair stylists. Learn how to navigate the ins and outs of tax season with ease. Don't miss out on this valuable opportunity to stay ahead of the game. See you there!

Agenda:

1. Key Tax Concepts for Beauty Entrepreneurs

• Employment status: W2 vs. self-employed/independent contractor
• Implications of each status on tax responsibilities

2. Essential Tax Deductions

• Common tax deductions for beauty entrepreneurs (e.g., supplies, equipment, professional fees)
• How to properly document and claim deductions

3. Income Reporting and Record-Keeping

• How to report various types of income (including tips, booth rent, product sales)
• Importance of accurate record-keeping
• Overview of relevant tax forms

4. Q&A Session

• Open floor for questions from attendees
• Addressing specific concerns and scenarios

Join Zoom Meeting
https://us05web.zoom.us/j/87876139165?pwd=mvxPUzrN559tNMbVb1D9jc8EAG6CY4.1
Meeting ID: 878 7613 9165
Passcode: F3NjWj

Host or Publisher DeKalb Consortium of Beauty Entrepreneurs