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Lunch & Learn: Lisa Novack – Avoiding the Top Tax Mistakes that Small Businesses Make
July 22, 2015 @ 12:30 pm - 1:30 pmFree
Are you tired of being a “back seat driver” when it comes to taxes for your small business? It does not have to be that way. You can “take the steering wheel” and “be the driving force” as you take control and learn tips on how to help keep your small business out of tax trouble.
Two of the major pitfalls for Small Businesses are poor recordkeeping and a failure to recognize all items that constitute gross receipts, otherwise known as taxable business income. We will also show several best practices that small businesses should use to avoid tax problems.
About the speaker: Lisa Novack is a Senior Stakeholder Liaisonwith Stakeholder Liaison – Field Operations, which is a function of the SmallBusiness and Self-Employed Division of the IRS. As a Liaison, she works withpractitioner and small business organizations to provide members withinformation about the policies, practices and procedures the IRS uses to ensurecompliance with the tax laws. She has been with the IRS since 1987, startingout as a tax auditor before getting into education and outreach. She has a Bachelor of Arts degree in Criminal Justice from Indiana University.