Schedule C (Form 1040)
- Customer Reviews (0)
Direcciones donde se realizan los cursos:
Doral: 2656 NW 97th Ave, Doral, FL 33172
As a result of participating in this program, attendees will be able to understand and explain the following:
The advantages and disadvantages of running a Sole Proprietorship as the simplest form of business from a taxation standpoint.
Relevant aspects to consider when determining whether an activity is carried on for profit or if it may be catalogued as a hobby.
Accounting methods available for the purpose of measuring the business’ performance.
The type of TIN needed to compliantly run the business: SSN or EIN.
The importance of discerning between personal and business expenses.
Sources of income and supporting requirements.
The different items of expense that can be accounted for and a brief explanation of each.
Business use and allocation of a vehicle.
Assets and their depreciation: normal and accelerated. Section 179 expense.
Other asset amortization.
Business use of a home