Entity Selection and Self-Employed Rules of Thumb

Are you considering self-employment or starting a new business? What is the appropriate entity type and what are the self-employed rules of thumb in business and tax accounting?

• Difference in the tax structures of each entity and the benefits
• How each entity is taxed
• • When to use and the potential of each
  • Self Employed Rules of Thumb and Taxes
  • Simple rules of thumb for self employed from separate checking accounts
  • Bookkeeping 101
  • What is a business expense and what is not
  • Simplifying your day to day life being self employed and making your system concurrent so that your not scrambling at the end of the year and estimating expenses and/or missing expenses

  Taught by John Michael Kledis, EA, CFE, CVA