Free IRS Phone Forum: “Calling All First Time Schedule C Filers”

May 21, 2008 

There is still time to sign up! Visit www.attevent.com and sign up today for this important, informative event.  

Choice of three time slots:

Eastern Time       Access Code

10:00 a.m.             825428 

1:00 p.m.               340870

4:00 p.m.               294751  

During the phone forum an IRS expert will discuss the following topics:

·         Classifying workers as employees or independent contractors as determined by law, not the choice of the worker or business owner;

·         Depositing federal withholding employment taxes, called trust fund taxes, according to the appropriate schedule;

·         Making quarterly estimated-tax payments to cover your own income tax and social security self-employment tax liability;

·         Keeping good records to protect your personal and financial investment and to make tax filing easier;

·         Considering a tax professional to help you with Schedule C;

·         Filing and paying your taxes electronically; and

·         Avoiding abusive tax avoidance schemes such as the IRS’s 2008 “Dirty Dozen”.

A question and answer period follows the main presentation; however, due to the public nature of the call, we will not be able to address specific client issues.

CPE credit awarded to qualified participants.  For more information visit our website under National Phone Forums or contact your local IRS Stakeholder Liaison specialist.

Categories: Small Business
Tags: schedule c filiers