Penquis Community Action Program is hosting an IRS workshop on "Taxes and the Small Business Owner" on Wednesday, November 6, from 6:00 p.m. to 9:00 p.m. at Penquis CAP, 50 North Street, Dover-Foxcroft. This workshop is for individuals who are in business or who are contemplating going into business.
Topics covered include tax issues specific to small business, record keeping and tax reporting requirements, proper reporting of income, allowable business deductions, business use of vehicles, business office in the home, basic employment tax issues, and paying estimated taxes. An overview of the new tax law will also be presented along with instructions on how to acquire and use IRS resources.
The workshop is free, but registration is required. Call 564-7116 to register or for more information.
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