Tax tips for micro businesses in Covid-19 times

Patty Cantrell

April 5, 2021

We learned a lot last week in this webinar Tax Tips for Micro Businesses in Covid-19 Times with Timothy Carter, Supervising Attorney for the Low-Income Taxpayer Clinic in San Francisco, California.

NOW YOU CAN VIEW THE RECORDED WEBINAR AND DOWNLOAD THE INFORMATIONAL PRESENTATION.

View recorded webinar.
Download PDF of presentation slides Taxes-For-Womens-Business-Center-Updated-4.8.21-A.pdf
IN ADDITION: Here’s a small business tax workshop series of videos by the IRS.

Mr. Carter’s presentation covered important tax questions geared toward small businesses, including:

Tax changes due to COVID-19
Schedule C Form 1040

Quarterly taxes – What to file and when
The differences between an employee and a contractor
W2 and 1099 for employees/contractors
Sole proprietorship as opposed to S-Corp
Neighborhood Assistance Program (NAP) tax credits

REMINDER: The deadline to file 2020 taxes has been extended from April 15 to May 17, 2021.

BROUGHT TO YOU BY The New Growth Women’s Business Center and START HERE Business Acceleration Network, with West Central Missouri Community Action Agency and support from the U.S. Small Business Administration.

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