About SCORE

SCORE Has Helped 8.5 Million Small Businesses

SCORE “Counselors to America’s Small Business” is a nonprofit association dedicated to educating entrepreneurs and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

SCORE is headquartered in Herndon, VA and Washington, DC and has 364 chapters throughout the United States and its territories, with over 12,000 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors. SCORE was founded in 1964.

We are America’s premier source of free and confidential small business advice for entrepreneurs.

SCORE Minnesota
At the state level, SCORE has a District Office, six Chapter Offices, many additional Branch Offices and hundreds of retired or part-time volunteer small business owners and corporate executives with a successful track record in all aspects of business. The articles on this blog are written by these business experts in an effort to share business tips, provide expert advice and compel you to ask SCORE to help you with a business idea, start-up, turnaround or just a few business hiccups.

All of these resources as well as our national resources are available to you and your business. To learn more about how SCORE and our business experts can help you free of charge, visit the Ask SCORE page or one of our chapter websites to the right.

If you have a successful track record as a small business owner or corporate executive, why not Join SCORE and help small business in Minnesota?

Small Business Tax Help

New 2011 Income Tax Webinar

SCORE Minneapolis has just released the 2011 version of “Income Taxes for Small Businesses”. For new entrepreneurs it will help take the mystery out of taxes! The webinar covers two broad topics:

First, the Form 1040, Schedule C Profit and Loss for a Business. It discusses all of the unusual items an entrepreneur may encounter as they prepare for their April 15 tax filing date, including use of personal cars and home office expenses, expensing capital equipment cost versus depreciation, independent contractors, etc.

Second, it covers the business owner’s personal Form 1040 by integrating the Schedule C. The business is made aware of their options for Self-Employed Retirement Plans and Health Insurance coverage, plus Self-Employed taxes for Social Security and Medicare.

This sixty-six minute discussion will not make you a tax expert, but will let you approach taxes with a level of knowledge needed to take advantage of deductions available to you. It also points out areas where your accountant can be of help.

Click Here to view the registration information.

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Disclaimer

The views posted on this blog are those of our independent volunteer SCORE counselors and may not necessarily reflect the views of the SCORE Association.

SCORE Minnesota