Whether you're a small business owner managing day-to-day operations or a tax professional advising clients, maintaining accurate records throughout the year makes tax filing easier, supports allowable deductions, and helps ensure compliance with federal tax requirements.

This no cost, two-hour IRS workshop includes approximately 90 minutes of instruction followed by a 30-minute Q&A session, giving participants an opportunity to receive answers to their specific questions.

Highlights:

• Building an effective business recordkeeping system
• Maintaining records to support income, expenses, and deductions
• Understanding Schedule C reporting requirements
• Identifying common deductible business expenses
• Self-employment and estimated tax responsibilities
• Record retention requirements and IRS resources

The session is designed for small business owners, self-employed individuals, tax professionals, accountants, bookkeepers, and payroll providers. It provides practical information participants can immediately apply to their businesses or clients.

Speaker(s):

      Sheba Gonzalez, Stakeholder Liaison - Texas, Internal Revenue Service