Free Small Business Tax Workshop

Got any plans this Memorial Day weekend? Perhaps a family cookout or a get-together with friends? Maybe you’re headed to the lake hoping for some warmer temps.

When it comes to taxes, for all you small business or self-employed do-it-yourself-ers, if you’ve got any free time this weekend, I’ve got a cool website I just discovered and wanted to tell you about.

Here’s the link:
www.tax.gov/virtualworkshop

Here’s the name:
IRS Virtual Small Business Tax Workshop

It’s a series of free videos on a variety of tax issues that face the small biz owner or self-employed person.  There’s a brief introduction and these 9 lessons:

— What you need to know about federal taxes and your new business
— How to set up and run your business so your paying taxes isn’t a hassle
— How to file and pay your taxes using a computer
— What you need to know when you run your business out of your home
— How to set up a retirement plan for yourself and your employees
— What you need to know about federal taxes when hiring employees or contractors
— How to manage payroll so you withhold the right amount from employees
— How to make tax deposits and file your payroll taxes using a computer
— What you need to know about Federal Unemployment Taxes (FUTA)

Check it out and let me know what you think, ok?

And have a great Memorial Day weekend! Take a moment to reflect on those who have served our country by paying the ultimate sacrifice.

Here’s a brief history of this holiday, from www.MemorialDay2011.org

“Formerly known as Decoration Day, it commemorates U.S. soldiers who died while in the military service. First enacted to honor Union soldiers of the American Civil War. It was extended after World War I to honor Americans who have died in all wars.

Begun as a ritual of remembrance and reconciliation after the Civil War, by the early 20th century, Memorial Day was an occasion for more general expressions of memory, as ordinary people visited the graves of their deceased relatives, whether they had served in the military or not. It also became a long weekend increasingly devoted to shopping, family get-togethers, fireworks, trips to the beach, and national media events such as the Indianapolis 500 auto race, held since 1911 on Memorial Day.”

Be sure to thank a veteran! And may God bless you and your family.

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