Glenna Mae sent along this IRS webinar notice: Meeting: Small Business Advantage: Put Our Knowledge to Work for You (Webinar)Date(s): May 18, 2011Time: 2:00 p.m. (ET); 1:00 p.m. (CT); 12:00 (MT); 11:00 a.m. (PT)Location: Your Home or OfficeContact: Internal Revenue Service Webinar; E-mail: sbse.webinars@irs.gov.Event Information: This FREE webinar is for: Small business owners Self-employed persons Independent contractors Tax practitioners Please note: CPE credit […]
Education Expenses
Reader Julie R. asked: I have educational expenses that are allowable under IRS tax regulations, but can’t for the life of me figure out where to list them on Schedule C. Could you tell me which line they go on? Education expenses are, indeed, deductible or are eligible for an Education Credit. For the purposes […]
Easy small business bookkeeping
Time to get your business finances under control. I recommend you do it the easy way: make the computers do most of the work. I’ve long been a fan of Outright. It asks you to track only the minimum of detail required to do your income taxes. (As a sole proprietor, that’s a Schedule C.) […]
How to file 1099s and who you send 1099s to
For those of you who have contracted work out to other people or partnerships and have paid those people or partnerships $600 or more in the past year, it is soon the time to report that to the IRS and to remind the subcontractors that the payments they received are taxable. The same is true […]