Description
Upon completion of this seminar, students will be able to define sole proprietorship and calculate net income for this type of entity. Business deductions, including automobile and home office, will be discussed. Students will attain an understanding of self-employed health insurance and retirement plan contributions and how they are handled on the tax return. An overview of the qualified small business income deduction will be provided. New lecture videos reinforces concepts! Topics: Sole Proprietorship and Minimum Income Reporting Requirements Self-Employment Taxes IRS #EEZ75-T-00515-24-S CTEC #1071-CE-3241 NASBA #103388