Writing a Winning Business Plan
Tuesday, November 6th, 1:00 - 4:00 PM, $25/person
FREE - Taxes Made Simple
Wednesday, November 7, 9:00 AM - 3:00 PM, FREE
FREE - Basics of Starting a Business
Thursday, November 8th, 1:00 - 3:00 PM, FREE
Tuesday, December 4th, 10:00 AM - 12:00 PM, FREE
FREE - Obtaining Business Financing
Tuesday, November 13th, 1:00 - 3:00 PM, FREE
Wednesday, December 5th, 10:00 AM - 12:00 PM, FREE
FREE - Doing Business with the Government
Wednesday, November 14th, 9:00 AM – 3:00 PM, FREE
FREE - Sales/Use Tax Class
Monday, November 26th, 11:00 AM - 5:00 PM, FREE
Location: MLK Library Community Room, 9898 E. Colfax Ave., Aurora
A complete 2008 schedule will be available in December. Visit www.aurorabdc.com. Pre-registration requested: (303) 326-8690, or, info@aurorabdc.com .
Clases de Pequeños Negocios con Cultura Business Communications
Favor de llamar al (303) 337-6282 para más informes, o llame Santos Blan, (303) 326-8693.
|
|
In general, the cost of materials and supplies used in the course of a trade or business may be deducted as a business expense in the tax year they are used. In addition, the cost of incidental materials and supplies that are kept on hand may be deducted in the tax year of purchase provided that:
- No records are maintained indicating when supplies are actually used,
- No inventory is taken of the amount of supplies on hand at the beginning and end of the year, and
- This method does not distort income.
Taxpayers should be careful to avoid deducting expenses as supplies when they are capital assets. For example, if the useful life of an item is significantly greater than one year it must be depreciated.
Supplies used directly or indirectly in manufacturing goods are part of the cost of goods sold.
As with all items on the tax return, taxpayers should keep complete records to substantiate deductions for supply expenses. Since many types of supplies can have personal-use applications, demonstrating business use is particularly important. Taxpayers should review recordkeeping requirements in IRS Publication 552, Recordkeeping for Individuals.
Read more about "The Tax Gap"...
 |
Form 1099 - Miscellaneous Income |
Have you ever had problems filling out Form 1099 or determining whether Form 1099 is appropriate or not? The IRS has help -- Participate in one of three National Phone Forums:
Wednesday, November 28, 2007
8:00 AM, 11:00 AM or 2:00 PM. These are free & can be done from the comfort of your office. Read more...
|
|
|
|
FREE Web Site Design Offer - - Call Today! |
The Aurora BDC is partnering with Sky Vista in Aurora to create new FREE web sites for 15 existing Aurora businesses. Students from Sky Vista will have the opportunity for practical application of their skills, and each selected business will benefit with a new informative site for promoting your product or service
We need just a few more businesses to participate. If your business needs an information-only web site, this is a terrific offer:
• Complete an on-line application
• Allow the Aurora BDC to run a background check
• Obtain a hosting account/domain name
• Must be a licensed Aurora business in good standing
• No on-line merchant accounts will be established
The Aurora BDC will, at its sole discretion, select 15 businesses from the different industries. If your business is not selected in this first round, there is opportunity for the second semester.
And, as an added bonus, your business may be featured in a future edition of BizBeat. What an offer!
Questions? Call the Aurora BDC at (303) 326-8690. |
| |
| |
| |
| |
 |
The Aurora Business Development Center (BDC) offers free one-on-one counseling,
low-cost seminars, financing programs and technical assistance for entrepreneurs and existing small business owners. www.aurorabdc.com |
|
|
