Essential Tax Tips for Entrepreneurs: Build, Grow & Succeed in 2025
Join the IRS Stakeholder Liaison team and Oakland Thrive for an informative session on essential tax topics for entrepreneurs and small business owners. Whether you’re starting or operating a business, understanding tax obligations is crucial for long-term success. This session will cover:
- Business vs. Hobby & Tax Basics: Understanding key differences, business structures, EINs, and accounting methods
- Bookkeeping & Deductions: Overview of Recordkeeping systems, deductible expenses, and business tax credits.
- Filing & Compliance: Common tax errors, electronic filing options, and tips for choosing a tax preparer
- Protecting Your Business: Identifying scams, preventing identity theft, and disaster preparedness
- IRS Resources: Tools and support available for small businesses & self-employed professionals
Join us, and don’t miss this opportunity to gain valuable tax insights and ensure your business is on the right track!
