Workshop on types of tax declaration and tax credits
Participants will be taught about the different types of tax returns that exist, such as the personal income tax return (Form 1040 in the United States) and small business tax returns, such as Form 1120S for S corporations or Form 1065 for limited liability companies (LLC). Information will be provided about tax credits available to individuals, such as the Earned Income Tax Credit, the Child Tax Credit, and other credits that can help reduce your personal tax burden. The various tax deductions that are available to both individuals and small businesses will be discussed. This includes standard deductions, itemized deductions, and business deductions that can help minimize your tax burden.
Who can benefit from this workshop?
It will be beneficial for anyone who has tax responsibilities, whether as an individual or a small business owner.
Here's a more detailed description of what you can expect to learn:
- Types of tax return
- Tax credits for individuals
- Small Business Tax Credits
- Tax deductions
- Payment plans
- Types of taxes