Small Business Tax Workshop & Access to Capital
Capital One Bank Straight Talk Series
When
Wednesday, January 15, 2020
From 9:30 AM to 12:30 PM CDT
Check in starts at 9:00 AM
Latecomers may be denied seating
Where
Palm Center, Technology Center
5330 Griggs Road
(located in Houston Business Development Inc. office building; take first entrance after Harris Health System sign; Enter through the double glass doors under "5330" in large letters on the building)
Houston, TX 77021
DRIVING DIRECTIONS
Contact:
Bill Klingberg
bill.klingberg@scorevolunteer.org
713-487-6565
About Us:
SCORE is an all-volunteer group with real-world business experience, dedicated to your success.Our Mission: Help Small Businesses Succeed.
Our Mantra: We educate, counsel, mentor.
Founded in 1964, SCORE is a non-profit association and a Resource Partner of the U.S. Small Business Administration.
For more details, go to www.houston.score.org
SCORE and SBA have partnered to provide a workshop designed to help small businesses not only survive but thrive in the current economy.
Many individuals and small business owners are unaware of their tax responsibilities. In fact, there are a lot of misconceptions:
- My accountant is responsible for my business taxes
- I do not need an EIN if my business is registered as a LLC
- I can avoid paying taxes by hiring people as contractors
- I can pay any salary to myself when my business is a sole proprietorship or if I am a general partner
The Workshop will cover:
- Overview – Business Tax Structure
- Calculating Taxes – different types; and who should pay them
- Consequences of failing to file and pay taxes
- Federal Business Tax Forms and whether to do it yourself or hire a tax expert
- State Business Income Tax (Franchise Tax) – how to calculate it and report it
- Payroll Taxes including: Social Security, Medicare, Federal, State and Unemployment Taxes
- Calculating Payroll Taxes – when to pay
- Contract Employees vs. Employees – Tax differences
- Sales Tax – a business owner’s responsibilities
- New Tax Laws – Brief Overview – How they affect small businesses
Presented by: Dr. Mo Tehrani
Dr. Tehrani is a partner with a public accountant firm. He is
a SCORE volunteer and Professor of Accounting with the HCCS where
he teaches various courses in accounting.
Mo is a serial entrepreneur; he started his first business in 1995
and has owned several businesses in real estate, pharmacy and security systems.
Access To Capital
Panel Discussion: A bankers’ panel will introduce the different services and programs available to small business owners and start-up entrepreneurs. They will answer questions and give business advice on how to avail such programs.
At the end of this workshop, participants will have the opportunity to meet SCORE certified mentors who are readily available to provide FREE and CONFIDENTIAL mentoring.
Register Now!
Free Event
Registration Required
Bankers Panel sponsored by Capital One.