Congressman Jack Kingston (R/GA-1) today announced that the Internal Revenue Service will conduct free tax training for small business owners on May 21, 2008. The over-the-phone training is for all independent contractors or sole proprietors who will file a IRS Schedule C for the 2008 cycle.
"This is a great opportunity for small business owners to learn how to navigate the tax code," Congressman Kingston said. "From keeping good records to filing your taxes electronically, the assistance will make filing taxes easier and will keep entrepreneurs from running afoul of the IRS."
The call-in training, made available by the IRS Stakeholder Liaison is being made available to tax professional, small business organizations, government agencies, industry associations, and small business owners.
Topics include how to properly classify workers as employees or independent contractors, depositing federal withholding employment taxes, making quarterly estimated-tax payments, and avoiding abusive tax avoidance schemes such as the IRS' 2008 "Dirty Dozen". In addition, participants will receive free advice on how to keep good records to protect personal and financial investments and to make tax filing easier, considering a tax professional to help you with Schedule C, and filing and paying taxes electronically.
Tax professionals can also receive Continuing Professional Education (CPE) credits for participating in the forum.
Three forums will be held on May 21st at 10:00 a.m., 1:00 p.m., and 4:00 p.m. Those interested in participating should click here for instructions. All registrations must be completed by May 18, 2001.
For more information, email firstname.lastname@example.org or call one of Congressman Kingston's offices.