PHOENIX - - The Internal Revenue Service is hosting a free webinar, 'Business Taxes for the Self-Employed: The Basics', on Wednesday, Aug. 26, from 2 p.m. to 3 p.m., Eastern Time, that is designed to provide basic tax information to new entrepreneurs as well as owners of existing small businesses. Topics include reporting profit or loss from a small business or profession on Schedule C or Schedule C-EZ, businesses owned by married couples, deducting business expenses, self-employment tax payments and quarterly estimated tax payments.
To register or access archived versions of past webinars, visit the Webinars for Small Businesses (http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Webinars-for-Small-Businesses-1) page on IRS.gov. Topics of popular recent webinars have included tip income reporting, the home office deduction and how to work effectively with a paid tax preparer.