Tax Considerations for Small Business

Bill Jones, CPA, CGMA of Jones & Associates, P.C. will cover fundamental tax topics in to consider in the first 90 minutes and stay for a 30 minute moderated Q&A at the end of the session.

We will discuss tax basics for businesses that are LLCs, S-Corps, and Sole Proprietors – or plan to be (not appropriate for C-Corps).

Tax matters related to the COVID-19 small business relief programs will also be covered.

Topics include:

Choice of entity

Filing requirements

Business expenses

Health insurance

Employee or Independent Contractor

Self-Employment Taxes

Business Use of Home

Meals, Entertainment and Travel

Automobile Expenses

Depreciation of Business Equipment

Retirement Plans

and more!

This webinar will be held through Zoom. You will receive a reminder email and login information prior to the session.

About the Presenter:

Bill Jones is a Principal at Jones & Associates, P.C. A graduate of Metropolitan State College of Denver with a Bachelor of Science in Accounting. Bill spent 6 years in private industry before entering public accounting. With 25+ years serving clients as a CPA, he values the role of trusted advisor. He has broad experience in financial reporting including audit services, in management consulting and fraction CFO assistance, and individual and business income taxes. Bill has overseen engagements ranging from start-ups to companies with over $1 billion in revenue, but his focus in on serving small, closely held, owner managed businesses and the related individuals. Bill has served in various capacities with non-profits organizations. He currently serves on the board of the Erie Colorado Chamber of Commerce and as a consultant and Board member for the Boulder SBDC and Foundation. He was formerly as a member of the Governor’s Colorado Small Business Advisory Council.

The Colorado Small Business Development Center Network is a partnership between the State of Colorado, Colorado Office of Economic Development and International Trade, the Small Business Administration (SBA), Colorado’s institutions of higher education, local economic development organizations and local chambers of commerce.