The purpose of this course is to help sole-proprietors get a financial system in place over the course of 3 days. Business owners will learn the basics to keep accurate financial records and get a brief overview of tricky tax deductions. Over the course of this bootcamp participants will create a profit and loss statement ensuring they file their taxes on time this year.
Course Content
Lessons
- Welcome Welcome to the Business Bookkeeping Bootcamp 1min
- Lesson 1 - Income & Cost of Goods Sold In this lesson we start analyzing the Schedule C by focusing on Part 1 - Income and Part 3 - Cost of Goods Sold 53 min
- Lesson 2 - Expenses This lesson will focus on the primary tax deductible expenses from Schedule C. We will discuss the meaning of each type and what types of expenses are valid under each type. 50 min
- Lesson 3 - Tricky Tax Topics This lesson will focus on the tricky tax deductible expenses from Schedule C. 53 min