Basic Accounting For Non-Accountants

Speaker: Eric Nisall

You’re not an accountant, so it’s understandable that things like choosing a business structure and Self-Employment taxes will drive you up a wall. Ideally, you should be spending your time doing income-generating tasks, but that’s not always an option. In that case, you need to be able to deal with many tasks yourself.

In this session, we’ll discuss different issues regarding business formation as well as diving deeper in to the Self-Employment Tax than simply “pay your estimates on time”.

Key Takeaways:

  • Understanding how different business structures affect taxes.
  • Busting the misconceptions about business formation.
  • Why it seems like Self-Employment Taxes are crazy high.
  • How to calculate estimates so you don’t end up with a big surprise when you file your tax return.
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