SCORE Online Course – Financial Literacy for Black-Owned Businesses: Taxation Compliance

This introductory course provides insight as to the importance of tax compliance. Understanding and adhering to the various tax regulations that impact businesses can help you maintain a positive reputation and trust within your community, keep more money in your business and avoid legal consequences and penalties.

By the end of this module, you’ll be able to:

• Define taxation
• Describe the importance of tax compliance
• Identify federal, state and local taxes
• Describe the importance of having a tax professional
• Describe the importance of having a SCORE mentor

If you have not completed Modules 1 – 4 within this Financial Management series, we encourage you to take some time to acquaint yourself with those topics and gather the valuable information and resources located within each module. Work with your mentor to help you reach your goal smoothly.