The Internal Revenue Service will hold a free webinar today, Wednesday, Aug. 26 from 2 p.m. to 3 p.m. ET designed to provide basic tax information to new entrepreneurs as well as owners of existing small businesses. The title of the webinar is “Business Taxes for the Self-Employed: The Basics.”
Topics include reporting profit or loss from a small business or profession on Schedule C or Schedule C-EZ, businesses owned by married couples, deducting business expenses, and self-employment and quarterly estimated tax payments.
To register or access archived versions of past webinars, visit the Webinars for Small Businesses page. Topics of popular recent webinars have included tip income reporting, the home office deduction, and how to work effectively with a paid tax preparer.