Accounting & Tax Issues of a Small Business

Thinking that the accounting and tax issues of a small business are overwhelming and that the information on the internet is confusing and misleading?

This class will address:

·      Identify business entity (sole proprietorship, limited liability company (LLC) and corporation) and their benefits and costs

·      Tax deductions available to business owners

·      Recordkeeping requirements to manage your business

·      What to look for when hiring a bookkeeper or accountant to assist the business

·      Understanding and using financial statements as a tool to measure business performance

Presented by Keith D. Neifach, CPA of Neifach & Associates, P.C.

Keith D. Neifach, CPA has been a Certified Public Accountant since 1987. Having taught SBDC and Collin College classes since 1989, he has assisted over 2000 individuals in minimizing the “surprises” that can destroy a business.  As a Dave Ramsey Endorsed Local Provider (ELP) he has assisted individuals in empowering themselves to make knowledgeable financial decisions.

Materials, services or products offered by providers to SBDC clients are available as a resource for you to locate professionals who can assist you with business concerns.  Making these sources available to you does not imply or constitute a recommendation or endorsement by the SBDC, but is only intended to be a convenience for you.  You must perform your "due diligence" by interviewing the individuals or companies to determine if they meet your needs.  If you do retain their services, be sure to obtain your agreement in writing:  who is responsible for what; what work is to be performed; what is not included; what is the cost.
 
A partnership program of the U.S. Small Business Administration and the Bill Priest Campus of El Centro College, a division of the Dallas County Community College District. Funded in part through Cooperative Agreement # 9-603001-0046-22 with the U.S. Small Business Administration. All opinions, conclusions, or recommendations expressed are those of the authors and do not necessarily reflect the views of the SBA. It is the policy of the Dallas County Community College District and Collin College that all persons have equal opportunity and access to its educational programs, services, activities, and facilities without regard to race, religion, color, sex, age, national origin, or ancestry, marital status, parental status, sexual orientation, disability or status as a veteran.

Reasonable accommodations will be made to those individuals with disabilities, as well as to clients with limited English proficiency, who request such accommodations in advance.