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Year-End Tax Planning Subject of SBA's Online Chat on Thursday

Year-End Tax Planning Subject of SBA's Online Chat on Thursday

The U.S. Small Business Administration doesn’t want small business owners to wait until the Times Square New Years Eve Ball in New York City drops to start thinking about taxes. Although tax season begins Jan. 1, SBA encourages owners to plan ahead beginning Thursday during a live online chat.

At 1 p.m. Eastern Standard Time that day, certified public accountant Edward Karl will give year-end tax tips and answer questions to help owners save money and avoid mistakes.

People can join the discussion – titled “Year-end Tax Essentials for Small Business Owners” – by visiting SBA.gov on Thursday and clicking on “Online Business Chat.”

To submit questions for Karl to answer, click here.

Karl, who will chat for an hour, is vice president of Taxation for the American Institute of Certified Public Accountants (AICPA). In that role, he presents tax-policy recommendations to Congress, Treasury Department and Internal Revenue Service, among other tax-related duties, according to his profile on the AICPA website.

Karl also has worked as a CPA for large and small firms, served as editor of a publication for CPAs and spoke at tax institutes, CPA meetings and IRS programs.

Reach BusinessNewsDaily staff writer Brian Anthony Hernandez at Bhernandez@TechMediaNetwork.com. Follow him on Twitter (@BAHjournalist) and become his friend on Facebook (BAH Journalist) to interact or stay updated on news about small businesses.