Understanding Small Business Taxes Part 4 | Kids Out and About Rochester

Understanding Small Business Taxes Part 4


*The event has already taken place on this date: Wed, 10/30/2024
This is part 4 of the 4-part series about Small Business Taxes. Lesson 7-8 within this part.

Please help us keep this calendar up to date! If this activity is sold out, canceled, or otherwise needs alteration, email mindy@kidsoutandabout.com so we can update it immediately. If you have a question about the activity itself, please contact the organization administrator listed below.

This is part 4 of the 4-part series about Small Business Taxes.  

Lesson 7: Tax deposits and filing a return to report payroll taxes

  • Responsibilities for depositing taxes
  • Filing a return to report payroll taxes
  • Federal tax deposit process
  • Deposit requirements and penalties
  • Show you how to file:
    • Form 941, Employers Quarterly Federal Tax Return
    • Form 944, Employers Annual Federal Tax Return,
    • Form 943, Employer's Annual Tax Return for Agricultural Employees

Lesson 8: Hiring people who live in the U.S. who aren’t citizens

  • Verify employee's identity and status
  • Withhold taxes at the proper rate
  • Deposit and pay taxes properly
  • File accurate and timely withholding tax returns
  • Two helpful IRS publications:
    • Publication 519, U.S. Tax Guide For Aliens, and IRS
    • Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities

If you have any questions or require registration assistance, call 428-8194 or email business.insight@libraryweb.org.

PLEASE NOTE: Once registered, the Zoom link will be emailed to you from Business.Insight the day before the event. This series is in an online only format.


*Times, dates, and prices of any activity posted to our calendars are subject to change. Please be sure to click through directly to the organization’s website to verify.

Location:

Open House
2970 Bronson Road
Fairfield, CT, 06824
United States

Phone:

585-428-8194
Contact name: 
Business Insight
The event has already taken place on this date: 
10/30/2024
Time: 
6PM
Price: 
FREE

Ages

Adults without kids