|It will be an educational session with three (3) primary goals:
• Identify and illustrate the preparation of federal and state forms required for each business entity type.
• Provide tips on how to minimize taxable income for each business entity type.
• Explain, and illustrate how to compute, the federal Qualified Business Income Tax deduction allowance for pass-through businesses.
Our intent is to inform you, the business owner, so that you will be better equipped to interact with your tax preparer.