Income Tax Myths & Facts - Small Business Owners Responsibilities 
        


Join Us Saturday, September 16!

Pay Online to Save
and to Secure Your Seat 


 
Tax Myths and Misconceptions
 
  
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Many individuals and small business owners are unaware of their tax responsibilities. Following are just a few of the misconceptions:
  • My accountant is responsible for my business taxes;
  • I do not need an EIN if my business is registered as a LLC;
  • I can avoid paying taxes by hiring people as contractors; and
  • I can pay any salary to myself when my business is a sole proprietorship or if I am a general partner.

 
Featured Topics
 
  
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1. Overview - Business Tax Structure.
2. Calculating Taxes - different types; and who should pay them
3. Consequences of failing to file and pay taxes.
4. Federal Business Tax Forms  and whether to do it yourself or hire a tax expert.
5. State Business Income Tax (Franchise Tax) - how to calculate it and report it. 
6. Payroll Taxes including:  Social Security, Medicare, Federal, State and Unemployment Taxes. 
7. Calculating Payroll Taxes - when to pay 
8. Contract Employees vs. Employees - Tax differences 
9. Sales Tax - a business owner's responsibilities  


 
Invest in Peace of Mind 
 
  
SCORE
Avoid the pitfalls.  You are responsible for your business taxes and failure to comply with tax laws has severe consequences, including your personal and business income garnishment, lien on business and personal assets and, in the case of intentional fraud, jail.  Learn, save time, money and your peace of mind.   

 
Featured Presenter - Mo Tehrani
 
  
Dr. Mohammad ("Mo") Tehrani started his first business in 1995.  He has co-owned and still co-owns and/or invests in multiple businesses in varying sectors:  real estate, pharmacy; security systems; and accounting. Currently he is a consulting partner with a public accounting firm in Houston, Texas.  He is also a full-time professor of accounting at Houston Community College.  Dr. Tehrani, started out in neurochemistry and has a BS in Biology/Geology, an M.Ph in Human Biology, a Ph.D in Neurochemistry.  When he and his brother ventured into business ownership, he also enrolled in the Accounting program at University of Houston and became a CPA in 1999.   Mo has volunteered with various organizations such as the BCM-Credit Union, where he served on the Board of Directors. He joined SCORE in July 2012 and has served in varying positions in addition to his ongoing role providing counseling to small business owners and current role as Vice Chair of SCORE Houston.  He now serves as lead mentor at the HCC Alief Hayes Center for Entrepreneurship providing one-on-mentoring to aspiring and existing entrepreneurs.


Fee:  $25.00 on line, $30.00 at the door. 

Includes lunch

 
Veterans: Free for first 10 Veterans, Thanks to Capital One Bank (Code: VETS) 
 

 
  Don't miss this exciting learning opportunity!

Sincerely,

Sandra Louvier

Director 
Center for Entrepreneurship
Houston Community College - Northwest

When

Saturday, September 16, 2017

Registration, Networking
and Check-In:
10:00am-10:30am

Workshop:
10:30am-1:30pm   
Where

HCC Alief Hayes
3rd Floor, Room A319

2811 Hayes Road   

Houston, TX 77082  


Brought to you by HCC and

SCORE FTLOYB


More September Events

Draft a Plan to Start or Grow Your Business 


Take Solid Progressive Action To Win Prize Money and Get Funding

Step 1 -  Click and Sign Up: 


This class will pre-qualify you to apply for the Spring 2018 HCC Newspring Business Plan Competition.  

HCC Newspring BPC
  • Fall - Take the Required Quick Online Class
  • Nov thru Jan - Apply for Competition 
  • February & March - Free Competition Training Sessions and Mentoring
  • April - Plans Due and Competition Finals
  • May - $30,000 Cash & In-Kind Prizes Awarded! 
Contact 


 
[email protected] 

 713-718-6650

About the HCC Center for Entrepreneurship

The mission of Houston Community College's Center for Entrepreneurship is to provide education and training for entrepreneurs and small business owners. Our mission fosters economic growth through business and community development.  
We Grow Entrepreneurs!
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