Does the thought of doing your own federal income taxes scare you? Do you wonder how you can write-off a home office? Are you curious about how you can take a tax deduction for a business lunch? Take the fear out of filing your taxes and come learn some basic information about preparing your federal income tax return.
Spend an educational evening hearing about some basic federal income tax rules and how they apply to people with self-employment income. Learn what is considered income for federal tax purposes and find out about common deductions for home office use, business meals and travel and commuting costs.
Find out what type of recordkeeping requirements you need to follow to back-up your tax deductions and be audit-ready. Even if you do not want to prepare your own taxes, learn how to find various free or low-cost federal tax preparation programs available and how to find a good federal tax preparer.