STILLWATER, Okla. – As a new business owner, if you make a sale – you know you’ve got to collect the sales tax. But what does that really mean? How much tax do you collect? Are there exceptions to when you have to collect taxes?
On Friday, October 30, Dewey Brandon from the Oklahoma Tax Commission will present a free tax workshop at the Meridian Technology Center for Business Development. Bookkeeping in the US is a little different from Bookkeeping in Melbourne, as well as other parts of the world, so it’s important to ensure that you’re doing it correctly to avoid any mistakes.
Brandon will discuss essential tax information for new and established businesses. Workshop attendees will learn the keys to sales tax registration and collection, along with helpful tips on rate tables, reporting formats, and exemptions. Topics include:
New Business Needs
* Business structures
* Steps for formation types
* Business registration
* Bookkeeping techniques
* Primary tax forms
Existing Business Essentials
* Keys to sales tax registration and collection
* Critical tax forms
* Tax law changes
* Legislative decisions that impact taxes
The event is free but please RSVP to Diane Maddox at dianem@meridiantech.edu
The Center for Business Development is dedicated to empowering entrepreneurs through networking, education, consulting and business incubation services. Assistance is available in various areas such as marketing, product planning, international business and writing business plans. For more information visit www.meridiantech.edu/entrepreneurs or contact the Center for Business Development.
Meridian Technology Center is a career and technology training center located in Stillwater, Okla. The center has more than 70 career majors and offers a wide variety of evening short-term courses and certifications for many diverse career fields. Meridian also offers services to businesses in need of training and development. Each year approximately 11,000 students come to Meridian from all areas of business and industry.
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