Tax compliance can be challenging for small-business owners because filing obligations, estimated payments, payroll responsibilities, contractor reporting, and state requirements may overlap. This session will provide a practical overview of the major compliance areas business owners should monitor and how to build a year-round compliance system

This session will be led by Davita Pray, CPA of Davita Pray CPA PC, a tax and business advisory firm located in Malvern, Pennsylvania. She has helped numerous families and businesses address their tax and financial needs, including providing tax services for professionals at PwC and EY. Her expertise has been recognized through quotes in publications such as The Philadelphia Inquirer and the AICPA Journal of Accountancy.

Participants Will Learn

• The major categories of tax and reporting responsibilities that may apply to a business
• Basic payroll, contractor, sales-tax, and information-reporting considerations
• Why estimated-tax planning and cash reserves are important
• Which business changes should be communicated promptly to a tax professional