Tax Prep for Small Business with an IRS Expert

Get ready for tax season with Nancy Feliciano, Stakeholder Liaison, at the Internal Revenue Service Communications & Liaison office. In this 1-hour webinar, Nancy will demonstrate how to set up the EFTPS online portal and answer some frequently asked questions when it comes to tax obligations including: What it means to withhold quarterly tax How to calculate how much to withhold each quarter. How to set up payment options within the online portal to pay quarterly taxes. What forms are required to be on file for each business structure (LLC, Sole Proprietor, etc.) What the changes to the 1099-K form mean for small business owners. There will be a Q+A at the end of the presentation. Hosted by: Coastal Enterprises, Inc. Women's Business Center Questions? Contact: Tara Clark tara.clark@ceimaine.org