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Income Tax Myths and Facts
Business Owner’s Responsibilities and
Consequences of a Failure to Pay 

When

Thursday October 27, 2016
From 10:30 AM to 12:00 PM CST
Registration: 10:00 AM

Where

The Kingdom Builders' Center
6011 W Orem
Houston, TX 77085

 
Driving Directions

Contact:
Lalitha Raman 

lraman611yahoo.com
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.scorehouston.org
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Many individuals and small business owners are unaware of their tax responsibilities or the consequences of a failure to file and pay. 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:

  1. Overview– Business Tax Structure.
  2. Calculating Taxes – different types; and who should pay them.
  3. Consequences of failing to file and pay taxes.
  4. Federal Business Tax Forms and whether to do it yourself or hire a tax expert.
  5. State Business Income Tax (Franchise Tax) – how to calculate it and report it.
  6. Payroll Taxes including:  Social Security, Medicare, Federal, State and Unemployment Taxes.
  7. Calculating Payroll Taxes– when to pay
  8. Contract Employees vs. Employees– Tax differences
  9. Sales Tax– a business owner’s responsibilities

Register Now!
Fee: $25; ($30 onsite)
Includes Refreshments

FREE  after October 20, 2016 for first 10 Veterans who register online
Thanks to a grant from CAPITAL ONE Bank. 

Presenter: Dr. Mo Tehrani, Ph.D., CPA. 

Dr. Tehrani started his first business in 1995.  He has co-owned and still co-owns and/or invests in multiple businesses in varying sectors:  real estate, pharmacy; security systems; and accounting.

Currently he is a consulting partner with a public accounting firm in Houston, Texas.  He is also a full-time professor of accounting at Houston Community College and a SCORE mentor.

Sponsor

The best-kept secret among Houston's premiere venues is a secret no longer! Offering the "Platinum Experience," The KBC is an extraordinary location for corporate functions, banquets, concerts, weddings, birthday parties, and more. Whether hosting a small conference in one of our boardrooms, a seminar in one of our classrooms, or an elegant gala in one of our ballrooms…The Kingdom Builders’ Center is the event space in Houston where "the premier venue and stellar service meet."

The KBC-Plus

More than just a meeting facility and events center, The KBC is also home to several community enterprises who partner with The KBC in providing services. They include:

  • The Empowerment Community Development Federal Credit Union
  • M.D. Anderson Cancer Center
  • Neighborhood Centers, Inc. Headstart Program
  • OfficeWorks Graphic Design & Copying
  • The Pointe Bookstore
  • Victory Prep Academy