This course is designed for those interested to learn the basics of tax preparations for self employed business income in Schedule C, the common deductions commonly reported, and the usage of practical examples using tax form in Excel. Read more.
Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI
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Get Started with All Access PassBuy Only This CourseAbout This Course
Who this course is for:
- Finance professionals
- Business owners
- Accounting professionals
What you’ll learn:Â
- Get a general overview of the areas of the tax return that may be impacted
- The common deductions reported on Schedule C
- Use practical examples using tax forms and Excel worksheets
Requirements::
- No prior knowledge is required to take this course
This course will discuss tax preparation issues related to a return that has self employment income, income generally reported on a Schedule C.Â
Self employment income can have a significant impact on the tax return.Â
We will start by providing a general overview of the areas of the tax return that may be impacted by the Schedule C.Â
The course will discuss common deductions reported on the Schedule C
Course topics will be presented in theory, followed by practical examples using tax forms and Excel worksheets.
Our Promise to You
By the end of this course, you will have learned about common deductions on schedule C.Â
10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today and learn more about deductions on schedule C.
Course Curriculum
| Section 1 - Overview | |||
| Self Employed Schedule C Introduction Part One | 00:00:00 | ||
| Self Employed Schedule C Introduction Part Two | 00:00:00 | ||
| Sch. C Are You Self Employed | 00:00:00 | ||
| Sch. C Identification Numbers | 00:00:00 | ||
| Sch. C Estimated Payment | 00:00:00 | ||
| Section 2 - Self-Employment (SE) Tax | |||
| Sch. C Self-Employment (SE) Tax | 00:00:00 | ||
| Self-Employment (SE) Tax | 00:00:00 | ||
| Section 3 - Accounting Methods, Inventory, And Cost of Goods Sold | |||
| Sch. C Accounting Methods | 00:00:00 | ||
| Sch. C Inventories | 00:00:00 | ||
| Tax Software Example Sch. C Inventories | 00:00:00 | ||
| Sch. C Business Income | 00:00:00 | ||
| Sch. C Cost of Goods Sold | 00:00:00 | ||
| Section 4 - Business Expenses Overview | |||
| Business Expenses Introduction | 00:00:00 | ||
| Sch. C Bad Debt Expense | 00:00:00 | ||
| Section 5 - Car And Truck Expenses | |||
| Sch C Car And Truck Expenses | 00:00:00 | ||
| Software Example Car And Truck Expenses | 00:00:00 | ||
| Sch. C Depreciation Part One | 00:00:00 | ||
| Sch. C Depreciation Part Two | 00:00:00 | ||
| Section 6 - Employees’ Pay Expenses | |||
| Sch. C Employees’ Pay Expenses | 00:00:00 | ||
| Software Example Sch. C Employees’ Pay Expenses | 00:00:00 | ||
| Section 7- Insurance Expense | |||
| Sch. C Insurance Expense | 00:00:00 | ||
| Software Example Sch. C Insurance Expense | 00:00:00 | ||
| Section 8 - Interest, Legal And Professional, And Qualified Plans | |||
| Sch. C Interest Expenses | 00:00:00 | ||
| Sch. C Legal And Professional Expenses | 00:00:00 | ||
| Sch. C SEP, SIMPLE, And Qualified Plans | 00:00:00 | ||
| Section 9 - Taxes Expenses | |||
| Sch. C Taxes Expenses Part One | 00:00:00 | ||
| Sch. C Taxes Expenses Part Two | 00:00:00 | ||
| Section 10 - Travel And Meals and Other Expenses | |||
| Sch. C Travel And Meals | 00:00:00 | ||
| Sch. C Other Expense You Can Deduct | 00:00:00 | ||
| Section 11 - Business Use of Your Home | |||
| Sch. C Business Use Of Your Home Part One | 00:00:00 | ||
| Sch. C Business Use Of Your Home Part Two | 00:00:00 | ||
| Section 12 - Comprehensive Problem Part Four | |||
| Presentation 28 Sch. C Business Setup Business Worksheet | 00:00:00 | ||
| Presentation 29 Sch. C Business Mark Accounts That May Need Adjustments | 00:00:00 | ||
| Presentation 30 Sch. C Business Enter Into Tax Return And Record Open Items | 00:00:00 | ||
| Presentation 31 Sch. C Business Format Worksheet For Tax Adjustments | 00:00:00 | ||
| Presentation 32 Sch. C Business Auto Expense | 00:00:00 | ||
| Presentation 33 Sch. C Business Use Of Home Office | 00:00:00 | ||
| Presentation 35 Sch. C Business Retirement Plan And Health Insurance | 00:00:00 | ||
| Presentation 36 Sch. C Business Review Impact Of Sch. C Business Income | 00:00:00 | ||
| Presentation 37 Sch. C Business Estimated Tax Payments | 00:00:00 | ||
About This Course
Who this course is for:
- Finance professionals
- Business owners
- Accounting professionals
What you’ll learn:Â
- Get a general overview of the areas of the tax return that may be impacted
- The common deductions reported on Schedule C
- Use practical examples using tax forms and Excel worksheets
Requirements::
- No prior knowledge is required to take this course
This course will discuss tax preparation issues related to a return that has self employment income, income generally reported on a Schedule C.Â
Self employment income can have a significant impact on the tax return.Â
We will start by providing a general overview of the areas of the tax return that may be impacted by the Schedule C.Â
The course will discuss common deductions reported on the Schedule C
Course topics will be presented in theory, followed by practical examples using tax forms and Excel worksheets.
Our Promise to You
By the end of this course, you will have learned about common deductions on schedule C.Â
10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today and learn more about deductions on schedule C.
Course Curriculum
| Section 1 - Overview | |||
| Self Employed Schedule C Introduction Part One | 00:00:00 | ||
| Self Employed Schedule C Introduction Part Two | 00:00:00 | ||
| Sch. C Are You Self Employed | 00:00:00 | ||
| Sch. C Identification Numbers | 00:00:00 | ||
| Sch. C Estimated Payment | 00:00:00 | ||
| Section 2 - Self-Employment (SE) Tax | |||
| Sch. C Self-Employment (SE) Tax | 00:00:00 | ||
| Self-Employment (SE) Tax | 00:00:00 | ||
| Section 3 - Accounting Methods, Inventory, And Cost of Goods Sold | |||
| Sch. C Accounting Methods | 00:00:00 | ||
| Sch. C Inventories | 00:00:00 | ||
| Tax Software Example Sch. C Inventories | 00:00:00 | ||
| Sch. C Business Income | 00:00:00 | ||
| Sch. C Cost of Goods Sold | 00:00:00 | ||
| Section 4 - Business Expenses Overview | |||
| Business Expenses Introduction | 00:00:00 | ||
| Sch. C Bad Debt Expense | 00:00:00 | ||
| Section 5 - Car And Truck Expenses | |||
| Sch C Car And Truck Expenses | 00:00:00 | ||
| Software Example Car And Truck Expenses | 00:00:00 | ||
| Sch. C Depreciation Part One | 00:00:00 | ||
| Sch. C Depreciation Part Two | 00:00:00 | ||
| Section 6 - Employees’ Pay Expenses | |||
| Sch. C Employees’ Pay Expenses | 00:00:00 | ||
| Software Example Sch. C Employees’ Pay Expenses | 00:00:00 | ||
| Section 7- Insurance Expense | |||
| Sch. C Insurance Expense | 00:00:00 | ||
| Software Example Sch. C Insurance Expense | 00:00:00 | ||
| Section 8 - Interest, Legal And Professional, And Qualified Plans | |||
| Sch. C Interest Expenses | 00:00:00 | ||
| Sch. C Legal And Professional Expenses | 00:00:00 | ||
| Sch. C SEP, SIMPLE, And Qualified Plans | 00:00:00 | ||
| Section 9 - Taxes Expenses | |||
| Sch. C Taxes Expenses Part One | 00:00:00 | ||
| Sch. C Taxes Expenses Part Two | 00:00:00 | ||
| Section 10 - Travel And Meals and Other Expenses | |||
| Sch. C Travel And Meals | 00:00:00 | ||
| Sch. C Other Expense You Can Deduct | 00:00:00 | ||
| Section 11 - Business Use of Your Home | |||
| Sch. C Business Use Of Your Home Part One | 00:00:00 | ||
| Sch. C Business Use Of Your Home Part Two | 00:00:00 | ||
| Section 12 - Comprehensive Problem Part Four | |||
| Presentation 28 Sch. C Business Setup Business Worksheet | 00:00:00 | ||
| Presentation 29 Sch. C Business Mark Accounts That May Need Adjustments | 00:00:00 | ||
| Presentation 30 Sch. C Business Enter Into Tax Return And Record Open Items | 00:00:00 | ||
| Presentation 31 Sch. C Business Format Worksheet For Tax Adjustments | 00:00:00 | ||
| Presentation 32 Sch. C Business Auto Expense | 00:00:00 | ||
| Presentation 33 Sch. C Business Use Of Home Office | 00:00:00 | ||
| Presentation 35 Sch. C Business Retirement Plan And Health Insurance | 00:00:00 | ||
| Presentation 36 Sch. C Business Review Impact Of Sch. C Business Income | 00:00:00 | ||
| Presentation 37 Sch. C Business Estimated Tax Payments | 00:00:00 | ||
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