Keep More of Your Business Income 

Understand how to use the correct forms to report your income to the government as a self-employed individual. We'll answer questions such as, "can I take a home office deduction?"

David Bernstein of Liberty Tax Service will review how to report the tax information for your small business. He will look at the process from helping you understand what records to keep, to using that data to make sure you are paying the least taxes possible. 

Specific topic he will address are:

• Are you self-employed in the eyes of the IRS? independent contractor, member of partnership, sole proprietor or Single Member LLC
• What is the best Accounting method for your type of business
• What constitutes income - all money may not be income
• What expenses are allowed - cost of goods sold, depreciation/amortization, home use expense
• Self-Employment Tax implications

About Your Presenter - 

For 20 years, David was the CFO of a privately held publishing and media company with gross revenue in excess of $150 million.  In addition to his operational duties at the company he was instrumental in negotiating lines of credit, establishing new operating entities and purchasing and selling existing operating units.

 David Bernstein has owned Liberty Tax in Hackensack since 2011. He has worked with countless individuals and entrepreneurs in preparing personal and business tax returns and advising them on various tax issues.

Liberty Tax is a leading retail tax preparation company with more than 4,000 offices in the U.S. and Canada.