IRS Lesson 1 & 2 Federal Taxes and Schedule C

How to use the IRS database to find helpful information, tax instructions and how to navigate a Schedule C Profit & Loss as it pertains to an Individual 1040 return. He will share typical small business deductions that are usually missed or heavily misunderstood. He will share various rules and filings that are needed for LLC’s, S-Corps and C-corps as well as outlining some key questions when looking to hire a local tax professional. This is a general starting point for understanding federal taxes and resources that are available to the taxpayer.