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· 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