When

Thursday, December 17, 2020 from 9:30 AM to 12:30 PM PST
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Where

Video Conference Class 
Online
Santa Clara, CA 95054
 

 
Driving Directions 

Contact

SCORE Silicon Valley 
SCORE 
408-453-6237 
info@svscore.org 
 

Small Business Taxes - 12/17/2020 - C0405 

Income Tax Basics for the Small Business

As a small business owner knowing the basics of taxes will help save you money and potentially keep you out of trouble. In this class we will discuss business entities and the different forms for each. We will talk about what is deductible and what is not and where to you use them. How profits and distributions effect your tax bill and many other important subjects that you should know as a business owner.

Key Topics:

  • Choice of business entity
  • The 1st years tax elections and their effect
  • How to deduct assets
  • Deducting your auto
  • The returns that you will need to file
  • The areas that the IRS focus on, should be audited
  • Tax planning techniques

Learning Outcomes: People who attend this class will learn:

  • About the importance of quarterly tax payments
  • How profits vs. distributions affect your tax bill
  • What taxes business owners need to pay
  • How to reduce your taxes and save for the future
  • What credits you can claim

What People Are Saying About This Class:

  • “Enjoyed the many real world examples”

  • “I now know a lot more about tax law now”

  • “Great class discussion”

Registration Information 

Registration Fee: $55.00

Veterans: Free admission is available for this class.  Click Here for details.

The link to join this video conference class will be included in your registration confirmation email.

If you have trouble registering, send an email to info@svscore.org

About The Course Instructor:

Bill Oakes

Bill has over 25 years of experience as a small business owner in Silicon Valley. BIll's business was focused on small business taxes, bookkeeping, and business planning. Tax preparation, planning, and taxpayer representation, personal financial planning and financial planning seminars were also offered. Clients included: trade contractors, retail, consultants, automotive, restaurant, landlords, real estate entrepreneurs, hair salons, machine shops and more.
Bill can help new and existing small business owners in establishing and analyzing financial systems, including Quickbooks; creating business plans, developing and implementing business goals using his years of experience with previous business owner clients. 
Bill is an EA (enrolled agent) enrolled to represent taxpayers before the IRS .CFP Certified Financial Planner
He has a BA State University of New York Mathematics and Statistics and a MS Boston University Computer Science