Taxes for Small Business – Jane Barratt

Taxes are an unavoidable part of being in business. By understanding how to manage and minimize your tax burden, you can maximize your profits over time. This course is designed for managers and business owners who want to understand how tax policies and business structures affect your company, and how prudent tax planning can help you stay organized and financially healthy. Learn what's important to manage year-round to avoid a last-minute tax scramble. Find out how to "divide and conquer" with an accountant. Explore best practices to minimize taxes owed. Instructor Jane Barratt, a financial literacy advocate and the CEO of GoldBean, also helps you understand howto use software to assist with tax planning and preparation.

Topics include:

• Determine how business structure and location impact the taxes on your small business.
• Break down the different types of taxes.
• Identify ways to reduce taxable income.
• Recognize strategies to that are helpful in reducing the tax rate.
• Formulate a plan on how to best manage your small business taxes using a tax planning tool.

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