Basic Business Finance: Understanding and Managing Business Taxes

Taxes are a critical part of running a business—and understanding them is key to staying compliant and financially healthy. This course introduces new business owners to the fundamentals of calculating, reporting, and paying essential business taxes. Participants will learn the basics of sales tax, payroll tax, property tax, and both state and federal income taxes. The course covers how to determine tax obligations based on business type, how to set up proper systems for tracking and remitting taxes, and what forms and deadlines to be aware of. By the end, students will have a clear understanding of their tax responsibilities and how to stay organized and audit-ready.