You will learn:
n How and when to report state payroll taxes.
n How to distinguish between an employee and an independent contractor.
n Independent contractor reporting requirements.
n Ways to get assistance.
There is no charge for this seminar.
To make reservations, visit the EDD website at www.edd.ca.gov/Payroll_Tax_Seminars/ or call 1-866-873-6083.
For additional seminar dates, times, locations, and subjects, please check the EDD website at www.edd.ca.gov/Payroll_Tax_Seminars/ or call 1-888-745-3886.
You’ve hired your first employee! Now what?
They need to get paid and you want to stay in compliance.
This is an introductory course in understanding payroll taxes, workers compensation and how to go about paying them!
In this course, you will get a checklist of all payroll requirements.
In this class you will learn:
- The steps to hiring your first employee and paying them
- How to navigate payroll taxes
- How does workers comp integrate with payroll?
- Payroll liabilities in the form of a chart
- Deciding how to handle payroll
- How workers comp audits work
- How to calculate payroll taxes and give you ease of mind
- How to stay in compliance with the ever changing California law
Income Tax Basics for the Small Business
As a small business owner knowing the basics of taxes will help save you money and potentially keep you out of trouble. In this class we will discuss business entities and the different forms for each. We will talk about what is deductible and what is not and where to you use them. How profits and distributions effect your tax bill and many other important subjects that you should know as a business owner.
- Choice of business entity
- The 1st years tax elections and their effect
- How to deduct assets
- Deducting your auto
- The returns that you will need to file
- The areas that the IRS focus on, should be audited
- Tax planning techniques
Learning Outcomes: People who attend this class will learn:
What People Are Saying About This Class:
About The Course Instructor:
Bill has over 25 years of experience as a small business owner in Silicon Valley. BIll’s business was focused on small business taxes, bookkeeping, and business planning. Tax preparation, planning, and taxpayer representation, personal financial planning and financial planning seminars were also offered. Clients included: trade contractors, retail, consultants, automotive, restaurant, landlords, real estate entrepreneurs, hair salons, machine shops and more.
Bill can help new and existing small business owners in establishing and analyzing financial systems, including Quickbooks; creating business plans, developing and implementing business goals using his years of experience with previous business owner clients.
Bill is an EA (enrolled agent) enrolled to represent taxpayers before the IRS .CFP® Certified Financial Planner
He has a BA State University of New York Mathematics and Statistics and a MS Boston University Computer Science