The Louisiana Small Business Development Center at the University of Louisiana at Monroe will host a free “Small Business Employment Tax” workshop Tuesday, May 29 from 6 – 8 p.m. at the ULM Administration Building, room 2-105.
This workshop presents an overview of the responsibility to report payroll taxes for workers employed in the participant’s business. The session will include the following information: federal employment tax responsibilities; employee vs. independent contractor; payroll records and withholding taxes; depositing and reporting employment taxes; employer’s annual federal tax forms (940, 941 and 945); trust fund; failure to deposit; other penalties and interest collection process; and information reporting (Forms W-2/W-3, 1099 MISC and 1096).
In partnership with the Louisiana Society of Enrolled Agents, a member of LSEA will present the workshop. Each speaker has volunteered and is enrolled to practice before the IRS.
Pre-registration for workshops is required. Call the Louisiana SBDC at (318) 342-1224 for more information/and or to register, or go online at www.lsbdc.org.