MEET THE SPEAKER
Nancy Thibeault
Quickbooks Pro Advisor
Nancy is an Advanced Certified QuickBooks ProAdvisor, a Small Business Development Center coach, and she works with her clients to provide the accounting services most needed. She offers numerous services, including QuickBooks clean-up, tune-up, training, periodic reviews, tax filing, basic bookkeeping, and more – on a schedule that best works for you.
UPCOMING DATE
April 16, 2024
1PM-4PM
KEY TAKEAWAYS
BookKeeping
Bookkeeping is the process of recording and organizing financial transactions for your business. It is a crucial aspect of running a successful business as it provides a clear picture of your company's financial health. In this section, we will cover the basics of bookkeeping, including how to create a chart of accounts, record transactions, and reconcile accounts.
Income Tax
Income taxes are a necessary part of doing business, and it is crucial to understand the basics of income tax filing to ensure compliance with the law. In this section, we will cover the different types of business structures and their tax implications, how to calculate your business's taxable income, and how to file your business tax return.
Sales Tax
Sales tax is a tax imposed by state and local governments on the sale of goods and services. Understanding the sales tax laws and regulations in your state is essential to avoid penalties and fines. In this section, we will cover the basics of sales tax, including how to calculate sales tax, file sales tax returns, and manage sales tax exemptions.
Payroll
Payroll management is a critical function of any business, and it is essential to understand the legal and regulatory requirements involved. In this section, we will cover how to calculate employee wages, withhold taxes, and manage payroll taxes. We will also discuss how to stay compliant with federal and state payroll regulations.
Contracts
Having contracts in place for a small business is crucial as they provide clear expectations and protect the interests of both parties involved. Contracts outline the rights, responsibilities, and obligations of each party, reducing misunderstandings, mitigating risks, and providing legal recourse in case of disputes
Human Resources
Human resources management involves managing the people who work for your business. It encompasses everything from hiring to firing, employee benefits, and performance management. In this section, we will cover the basics of HR, including recruiting and hiring, employee onboarding, benefits administration, and performance management.