Business Foundation Digital Course

Knowing what structure your business should be as well as the impact your structure has on your taxes and therefore your bottom line is vital to all businesses.  And a big factor in this is timing. We will go over your options and when it's best to possibly change so as to maximize your tax savings.  This can save you thousands of dollars.

Who doesn't want to maximize their deductions and save on their taxes??? We will provide you with a detailed list of expenses you can deduct for your business. We will also go over some insights on how to avoid raising red flags with the IRS. Knowing the right deductions and how/when to take them can also save you hundreds/thousands of dollars.

Ahhh, everyone's favorite topic LOL!  In all seriousness, knowing when and how much to pay can save you hundreds and possibly thousands of dollars in penalties and interests. We go over all of this and provide you with a cheat sheet to help you stay on track.

Even though Texas does not have a state income tax, there may be filing requirements for your business that you need to be aware of.  There is also a new nation wide filing requirement that went into effect 1/1/2024 that we will discuss.

This is a very hot topic with the IRS!  You need to understand how to classify your workers so you don't risk facing serious penalties from the IRS.

We will also go over retirement plan options (it's never too early to start planning for this), insurance needed for your business, important deadlines, records to keep, how to pay yourself, and provide you with additional resources and software options.