Tax Tips for Small Businesses

The Small Business Administration is hosting a live chat session with AICPA Vice President of Taxation, Thomas P. Ochsenschlager from 1-2 p.m. EST. During the web chat, small business owners are able to ask questions about tax law changes, mistakes to avoid, and tax savings tips, as well as receive key input on year-end tax planning and steps they can take to reduce their 2008 tax bills. The chat only lasts an hour and participants will receive, live, instant feedback from Ochsenschlager. It's unclear if a transcript or archive of the web chat will be available for those who are unable to attend live, but I would have to imagine the SBA would make this available. If interested in joining the live web chat, visit www.sba.gov, and click on "Online Business Chat."