IRS Small Business Workshop - Video Streaming (High-speed connection recommended)

View a streaming video of an IRS Small Business Workshop. This general workshop teaches small business owners the basics on their tax obligations. The workshop consists of six topics presented by IRS instructors.

Selecting the Video Streaming link will open a pop up window containing the workshop. If you use pop up blocker software you may have to temporarily turn it off in order to launch the application. To use the course, you must have Windows Media Player v7 or later, Internet Explorer 5 or Netscape 7 or later, and enable JavaScript and frames. Recommended screen settings are 1024x768 pixels. Should you have trouble viewing the workshop presentation, we also offer a video-only version.

IRS Small Business Tax Workshop (en Español)
(Both products are used together)

Small Business Tax Workshop: Student Workbook
This interactive on-line workshop teaches new small business owners about the basic tax aspects of running a small business. Topics include: Types of organizations, recordkeeping, income, expenses, employment taxes, employment tax depositing requirements, electronic filing and payment, business use of the home and wage credits. It is an on-line version of a live workshop taught throughout the country by organizations in a position to educate small business owners.

New - The In Home Day Care Supplement provides additional information for day care providers who run their business in their home.  It covers unique issues for their industry.

Small Business Tax Workshop: Instructor Guide
This is an on-line version of the Instructor Guide for instructors of the live Small Business Tax Workshops. It includes lesson plans and lists of relevant resources for each module.

Small Business Tax Workshop, Instructor's Presentations
Take the following steps to download the presentations: (1) Right-click on the text link, (2) Select "Save Target As..", (3) Choose the location you wish to save the file and select the "Save" button.

• Lesson 1, Introduction
  This presentation covers the following topics:  Employer Identification Number, Recordkeeping, Income Statement and Balance Sheet - Accounting Methods, Types of Business Organizations, Business Returns, Net Profit or Loss, and Business Deductions and Credits.
• Lesson 2, Employment Taxes
  This presentation covers the following topics: Employer Identification Number, Employer/Employees/Contractors, Filing Electronically, and Penalties.
• Lesson 3, Employer’s Returns Forms 940 and 941
  This presentation covers the following topics: Form 941 (Depositing Requirements and Penalties), and Form 940.
• Lesson 4, Electronic Filing and Payments
  This presentation covers the following topics: 940/941 Employment Tax e-file System,  941 TeleFile, Forms 1120 and 1120S, and Electronic Federal Tax Payment System (EFTPS).
• Lesson 5, Business Use of the Home
  This presentation covers the following topics: Qualifications, Business Percentage, Types of Expenses, Deduction Limits, and Recordkeeping.
• Lesson 6, Tax Incentives for Employers
  This presentation covers the following topics:  Work Opportunity Credit and Welfare-to-Work Credit

Introduction to Federal Taxes for Small Business/Self-Employed Course - Video Streaming (High-speed connection recommended)

The Introduction to Federal Taxes for Small Business/Self-Employed course teaches the basics of how to comply with IRS rules and regulations while beginning and operating a small business. It introduces new small business owners and self-employed entrepreneurs to IRS tax law in an easy-to-understand format.

Selecting the Video Streaming link will open a pop up window containing the course. If you use pop up blocker software you may have to temporarily turn it off in order to launch the application. To use the course, you must have Macromedia Flash 6 player installed on your system. It is free and available for download on Macromedia's website. You must also enable JavaScript. Recommended screen settings are 1024x768 pixels.

A transcript of the audio portion of the publication is also available.

Updates : This course (also known as Publication 3693) was developed in 2000; consequently, there have been some tax law changes and changes to rates such as the Social Security wage base, mileage rate, etc.

Introduction to Federal Taxes for Small Business/Self-Employed - CD
Order the CD online
or call 1-800-829-3676 and ask for Publication 3693.