Led by an IRS Stakeholder Liaison, this session will cover:

• Qualified Business Income
• Gross Receipts; Returns and Allowances
• Cost of Goods Sold (COGS)
• Gross Profit and Gross Income
• Bartering
• Car and Truck Expenses
• Depreciation
• Tax Cut and Jobs Act
• Legal and Professional Services & Office Expense
• Supplies
• Travel and Meals
• Net Profit or Loss
• Possible Deductions on Form 1040