Are you in the Black or in the Red? The Connection Between Your Record Keeping and Your Business Tax

As a business owner you should always know if you are making money or loosing money in your business. Often by the time small businesses realize they are operating in the “RED” it’s too late to change course and their next step is a Grand Closing. Developing a system for keeping proper financial records, creating a process for receiving payments and paying expenditures, business tax planning, and establishing the right team of personnel and business professionals (CPAs, Tax Advisors, etc.) are fundamental steps for effective business operations management. We will explore record keeping affects on cash flow, tax filings, and financial planning for your business through hands-on learning activities to determine deductible expenses, best record-keeping tools, and how to evaluate your business needs based on your business data.

Speaker(s): Michelle Serrano-Mills

Room K-202

Fee: No Cost