Keeping Small Business Records and Paying Your Taxes

Keeping good financial records is a critical step in managing a successful enterprise. This seminar addresses the financial records needed for good business management. In this module, participants will also become familiar with tax procedures and forms that owners must file to comply with state and federal regulations for reporting business activity. Participants will demonstrate the connection between cash flow projections and the bookkeeping system created for a business, practice posting business transactions to monthly cash receipts and disbursements journals, and demonstrate how good bookkeeping practices and regular financial statements give a clear snapshot of a business’ health and tax liabilities. Directions- http://www.forsythtech.edu/services-businesses/small-business-center/driving-directions/

Speaker(s): Ruben Gonzales

Co-Sponsor(s): Winston Salem Chamber of Commerce

Fee: No Cost