Taxes can be stressful for small business owners - you wear many hats and the last thing you want to do is give more of your hard-earned business income to the government. This webinar will offer you several ways to reduce your taxable income and shrink your tax liability this year. We'll start with the top three ways to keep on the good side of the IRS: (1) Making sure you understand the difference between an employee and a contractor, (2) Paying estimated taxes when they're due (and keeping the money set aside to do it), and (3) Keeping good records with separate bank accounts and credit cards for business expenses and income. We'll also discuss retirement accounts, business structure, COVID tax credit and loan programs and more. Bring your questions and our experienced tax preparers will give you ways to keep more of your money working for you.
Your Instructor: Don Nalley
A wiz with Excel, Don loves to slice and dice numbers to help his clients reach their financial goals. An Asheville native, Don has a Masters of Accountancy degree from the Muma College of Business at the University of South Florida, along with 10+ years of experience as an accountant and auditor. Don believes in being active in the community and enjoys camping and playing sports, especially baseball and football.