This seminar explains why business record keeping is important and clears up questions regarding taxation and the type of business formation you choose. We’ll review various business accounting methods and explain which best fits your situation. And we’ll answer some of your questions about those pesky records themselves both manual and computerized, how long should they be retained and things like “Do I really need a CPA, a bookkeeper or can I do it all effectively myself?”
We’ll review the four major business reports that make up a Financial Statement and how they relate to each other. We’ll also have a few in-class discussion questions and, along the way, cover some accounting terms and offer some special tax tips. You’ll learn the differences between Sole-Proprietorships, Partnerships, Corporations, and LLCs.
Patti Thompson is the SCORE Course Leader for this seminar. Patti has over 35 years experience in business and tax consulting - working with subcontractors, manufacturers, retailers, service companies, nonprofits, and individuals - helping them understand their bookkeeping and payroll requirements and what’s needed to comply with the tax code.
The seminar fee is $45. To encourage active class participation, the class is limited to eight registrants and you can follow-up with SCORE’s always-free individual business mentors.
SCORE "Counselors to America's Small Business" is a nonprofit association dedicated to educating entrepreneurs and helping small business start, grow and succeed nationwide. SCORE is a resource partner of the U.S. Small Business Administration (SBA).
SCORE is headquartered in Herndon, VA and Washington, DC and has over 300 chapters throughout the United States and its territories with 11,000 + volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors. Now celebrating its 53rd year, SCORE was founded in 1964.