SCORE announces new tax seminars for fall

Press release from SCORE:

SCORE is partnering with Carol L. King & Associates to offer three new free seminars for small businesses. The first seminar, later this month, explores the effects of the new tax law on small business and covers the fundamentals of choosing a business entity. The second seminar, in September, covers tax planning for small businesses. Finally, the third seminar, held in October, dives into advanced tax topics. Schedules and course descriptions are below.

Find out more and register through the course titles below or by visiting All seminars will be held at Lenoir Rhyne’s Asheville campus at 36 Montford Ave.

Wednesday, Aug. 22, 11:30 a.m. – 1 p.m.
What the New Tax Law Means for Small Business

The 2018 tax year has the most sweeping changes in our tax law’s recent history. Attend this workshop to learn what this means for you and your business, including a discussion of the 20% deduction of qualified business income, 100% deductibility for new equipment, deductions disappearing for entertainment expenses, limits on deductibility of state and local taxes and mortgage interest, the increase in standard deductions and more. Bring your questions!

Wednesday, Sept. 19, 11:30 a.m. – 1 p.m.
Tax Planning for Small Business

Have you ever been surprised about what you owe the IRS come tax time? This workshop will teach you ways to eliminate unwelcome surprises by knowing what your tax bill is likely to be, and help you identify ways to create a budget ahead of time. We’ll also discuss ways businesses can reduce the amount of taxes they owe, and how those tax savings can be harvested by business owners.

Wednesday, Oct. 31, 11:30 a.m. – 1 p.m.
Advanced Tax Topics for Business

Are you ready to go beyond the basics, reduce your tax bill, and stay out of trouble with the IRS? This workshop will brief business owners about ways they might structure their company to save taxes, recordkeeping practices that are red flags (and those that will get you a gold star), and discuss recent changes in tax law and legal decisions that may impact you and your business. Recommended for companies that have been in business for at least 3 years.



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