Understanding IRS Essentials for Small Business Owners: Two Part Series

Event description

Understanding IRS Essentials for Small Business Owners: Two Part Series

Join the U.S. Small Business Administration Rhode Island District Office, the Rhode Island Small Business Development Center and IRS Stakeholder Liaison for a two-part webinar designed to help small business owners navigate key IRS topics and better understand their tax responsibilities. Whether you’re just getting started or looking to enhance your financial management, this series offers valuable insights and practical guidance directly from the IRS.

The IRS Stakeholder Liaison will be available during each session to answer your questions and provide guidance tailored to small business needs. The speaker will be Jeffrey Latessa, IRS Communications & Liaison and Stakeholder Liaison.

Session 1 | Tuesday Jan 26, 12:00pm - 1:30pm

Topics include:

Overview of IRS resources available to small business owners
How to obtain an Employer Identification Number (EIN)
Choosing the right business structure for your needs
Effective recordkeeping practices
Understanding and making estimated tax payments
Overview of SBA Resources
This session will focus on setting your business up for success by helping you understand your obligations and the resources available to you.

Session 2 | Tuesday Feb 9, 12:00pm - 1:30pm
Register Here-- Part Two 

Topics include:

Setting up IRS payment plans
How to choose a qualified tax professional
Common small business credits and deductions
Understanding business use of your home
Overview of SBA Resources
This session will dive into ongoing compliance, maximizing available tax benefits, and best practices for managing your business finances.