Beyond Careers new initiative are workshops for Financial Education and Keeping Good Tax Records for small businesses and self-employed. http://www.irs.gov/businesses/small/index.html
Beyond Careers is a partner with the Internal Revenue Service Small Business/Self-Employed (SB/SE), Stakeholder Liaison, Field (SL,F) Operating Unit. This partnership will focus on financial education and providing tax reporting information for small businesses and self-employed taxpayers, provide outreach, and foster small business development. The training workshops and services will help with the economic development for our communities.
The small businesses and self-employed taxpayers need to learn more about how federal and state tax systems and about their taxes:
- Business Expenses
- Filing Requirements
- Income Calculations
- Tax Responsibilities
- Un-banked
- Workshops on reporting self-employment income through Schedule “C”
- Self-employed income could qualify for Earned Income Tax Credit (EITC) eligibility.
A strength of this program is that the training is provided by CPA, CMI and IRS professionals.