The Basics of Taxes

Join Us for an Upcoming Workshop about Taxes

Looking to understand some of the basics related to taxes and how to minimize your taxes?

What You’ll Get

Join us for a 2-hour session designed to help the small business owner understand basic concepts related to understanding taxes, and tips to help save on taxes. Topics vary from a general overview of taxes to how to implement a tax strategy that makes sense for you and your business.

Topics:

  • 5 factors impacting your tax position
  • Standard and Itemized Deductions
  • Common business and personal deductions to help you reduce your tax liability
  • A basic overview of reading your personal tax return
  • Know when you’re taxed if taking money out of your business
  • Tax saving vehicles like Retirement Plans and HSA’s
  • Red Flags to help you avoid an audit
  • Maintaining an Audit Trail to account for all cash coming in and out
  • How Section 179 and Cost Segregation studies can lower your tax liability
  • Why paying off your business’s loans doesn’t reduce your taxes
  • Pass-through entities and the S Corporation option
  • What is double taxation on C Corporations?
  • Tax terminology converted to easy-to-understand terms

This session is organized in a simple, easy, and fun format, enabling you to better understand and save on taxes!

Sign up today!  The Cost: Free!

Register for Upcoming Classes

Learn more about how EWH Small Business Accounting can help your small business with a FREE consultation!