• What You Need to Know about Federal Taxes & Your Business

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    Name: What You Need to Know about Federal Taxes & Your Business
    Date: February 19, 2020
    Time: 6:00 PM - 7:30 PM CST
    Event Description:
    Does the thought of small business taxes make you cringe? Attend this workshop to learn about your federal tax obligations and responsibilities. We will cover when to apply for an Employer Identification Number (EIN), basic recordkeeping requirements, basic bookkeeping and accounting methods and the different types of business structures. Learn how to select a paid tax preparer, identify and deduct business expenses and calculate net profit or loss. We will also review self-employment and estimated taxes, Form 1040 and Schedules C and C-EZ.
    College of Lake County Southlake Campus 1120 S Milwaukee Ave. Vernon Hills, IL 60061
    Date/Time Information:
    Wednesday, February 19 6-7:30 p.m. (1 Session)
    Contact Information:
    Illinois Small Business Development and International Trade Center (847) 543-2033
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