Small Business Taxes 101
Navigating the complex world of business taxes can be confusing and intimidating, especially for small business owners. This workshop (and it's companion workshop Small Business Taxes 201) is designed to provide a clear and concise overview of the essential tax concepts that every small business owner should know. We will delve into the fundamental aspects of business taxes, including:
- Introduction to Business Taxes: Learn the basics of business taxation and understand the consequences of non-compliance.
- Types of Business Taxes: Discover the various types of business taxes, such as income tax, self-emploment tax, payroll tax, sales tax, and property tax.
- Federal Tax Requirements: Gain insights into federal tax obligations, including filing deadlines, tax forms, and estimated taxes.
- State Tax Requirements: Understand the specific state tax requirements that apply to your business, the process for registering a business with the state, and sales tax collection and remittance.
By the end of this workshop, you will have a solid foundation in small business taxes, enabling you to make informed decisions and ensure compliance with tax regulations.
About the presenter: Dr. Monica Beasley is the owner of Monica's Accounting & Tax Service (MATS). She is a certified tax professional, accountant, author, and entrepreneur, among other roles. As a community liason and family advocate, Dr. Beasley diligently works to help individuals and families overcome barriers to address their needs and to ultimately become self-sufficient. When not actively serving others, Dr. Beasley travels across the country and performs music, motivationally speaks, and empowers people to turn their lives around.
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Upcoming Business Workshops »
Main Library, Robeson Pavilion Room A & B
The Library is committed to making events accessible for all. To request an Americans with Disabilities Accommodation, please complete this form, or contact us by email at info@champaign.org, by phone at 217/403-2000, or through chat. Learn more about accessibility at the library.
