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Beginner · Business Tax

Small Business Tax & Bookkeeping Fundamentals

A practical, self-paced introduction to small business tax & bookkeeping fundamentals, with worked examples and a downloadable-style exercise in each lesson.

About this course

## Learning outcomes - Explain essential concepts in business tax clearly. - Apply a simple workflow to a realistic situation. - Identify when to use authoritative guidance or seek qualified individual advice. ## Intended audience Sole proprietors, freelancers, and new business owners ## Reference materials - https://www.irs.gov/businesses/small-businesses-self-employed - https://www.irs.gov/businesses/small-businesses-self-employed/recordkeeping - https://www.irs.gov/publications/p505 ## Final practical assessment Submit the four lesson exercises together with a 200–300 word explanation of the decisions and the records or assumptions used. Instructors should review the work; do not award an accredited qualification automatically. ## Important note Educational information only; not individualized tax, legal, investment, or accounting advice. Verify current requirements before acting. No accreditation, instructor, or qualification is asserted.

Course outline

Course lessons and practical activities

Four self-paced lessons with examples, exercises, and knowledge checks.

Separate the business from the owner Text · 30 min
Record sales and expenses consistently Text · 30 min
Understand tax obligations and estimated payments Text · 30 min
Close the month and prepare for tax time Text · 30 min