The IRS has several resources available on their website that may be helpful for small business owners this tax season:
- The Virtual Small Business Tax Workshop is an introductory video made up of nine interactive lessons designed to help new small business owners learn their tax rights and responsibilities. It’s available online and on a CD (we have some copies in the MCNW office to share).
- Other videos are available online as well, including information about bartering income, Schedule C for first-time filers, and the home office deduction.
- There are also many many resources through the IRS Small Business & Self-Employed Tax Center, including the forms needed for paying your business taxes, and many small business publications.
- For your tax planning into the future, the IRS publishes a small business tax calendar which is available as a hard copy in the fall, and online all year long. You can download a PDF version or sync it with your electronic calendars.
ActionCoach is bringing Brad Sugars to Portland for a free three-hour seminar aimed directly at small to mid-sized companies. Learn proven strategies to grow your business, improve your company’s vision, and learn how to flourish in any economy. Brad Sugars is an internationally known business coach, speaker, entrepreneur, and best selling author who is sure to leave you with ideas you can implement in your business right away.
The event is being held April 27th at the Lloyd Center Doubletree Hotel. Doors open at 6:00 PM for networking, with Brad taking the stage from 6:30 to 9:30 with a break in the middle. The tickets are an $89 value but are free to you if you register online at www.businessisboomingtour.com using the ticket code ALC001. The event may very well sell out.
If you have any questions, feel free to contact Andreas Loeffler with ActionCoach, firstname.lastname@example.org.
Eat Mobile 2010 is happening April 24th, from 5:30-8:30pm. The folks at Willamette Week have picked out their favorite food carts, and now they’ve got 30 of ‘em lined up for the event. Included among them are Mercy Corps Northwest clients Mono Malo, Tabor, and Soup Cycle.
100% of the proceeds go to Mercy Corps Northwest and our work providing funding and support for Portland’s small business owners.
The event cost $7 in advance and $10 day of, with tickets on sale online at http://wweek.com/store/
Last week on the 16th we called on everyone we could to come to a last-minute lunchtime discussion about taxes. Everyone, including the presenter himself: Brian Setzler, CPA at TriLibrium Accounting. I spent a good couple weeks calling up various accountants to see who would be available before April 15th, and it was a relief when Brian offered his services.
Brian talked about the difference between employees and independent contractors, 1099s, the importance of a business plan, and some of the local and more recent tax issues. He especially talked about why it’s worth it to make the investment in your accounting practices, as it will serve you well in the long-term.
“Found it motivating to get organized and find a CPA”
“Great overview, and coverage of ethics and what NOT to do”
There were a lot of questions, and taxes is clearly not a topic we can cover in a single lunchtime class. Participants suggested having more classes – possibly a series about taxes from start to finish, as well as maybe a panel of business owners to talk about their tax-time and general starting up experience. All ideas I’d like to get finalized and set up well before tax season 2011!
Mercy Corps Northwest is going to be attending the Revisioning Value Conference coming up on April 26th and 27th. We are excited to learn more about social investment and venture philanthropy as ways to catalyze our work in the future. New platforms are crucial for reaching out and accessing external expertise and investment, so we are looking forward to hearing about Social Investment Xchange networks.
These networks are designed to facilitate performance-based philanthropy and social investment while also leveraging larger scale external investment. The first US Social Investment Xchange was Change Xchange, founded here in Portland by Springboard Innovation. It was inspired by Tamzin Ractliffe’s South Africa Social Innovation Exchange (SASIX), which was the world’s first networking platform.
Tamzin is traveling from South Africa to be a featured speaker at ReVisioning Value 2010, a one-day conference that will bring together leaders from the varied fields of impact investing and social innovation to share how new models for both are increasing the flow of capital towards the creation of a more just and sustainable world. There is a lot of cross-over between the South African SASIX organization and Springboard Innovation in Portland. You can check out an interview with ReVV speaker Tamzin Ractliffe from SASIX here: http://socialenterprises.wordpress.com/2010/02/12/tamzin-ractliffe-on-social-profits-new-frontiers-in-social-investing/.
The Reentry Transition Center held an open house yesterday to celebrate its new location at 1818 NE Martin Luther King Blvd. An estimated 100 to 120 people attended, including members of the Oregon Department of Corrections, nonprofit employees, formerly incarcerated people and concerned citizens.
Alverda McCoy and Felton Howard, the navigators of the RTC, hosted the event. If you were unable to make it please contact them at email@example.com or firstname.lastname@example.org with any questions.
More information about the Reentry Transition Center can be found on our website: http://www.mercycorpsnw.org/what-we-do/transition-center/