The Saipan Chamber of Commerce will host a tax workshop to assist individuals, entrepreneurs, and small business owners gain a better understanding of important tax issues and to provide the information needed to meet tax filing obligations.
The three-hour workshop will focus on the basic overview of corporation, partnership, non-profit and individual tax regulations. Corporate tax topics will include formation of corporations, filing due dates, estimated tax payments, and graduated income tax rates. Also covered are the alternative minimum tax, personal holding company tax, accumulated earnings tax, and passive activity loss rules. The portion on partnership will include formation of partnerships, filing due dates, and withholding taxes when there is a foreign partner. Also covered are the treatment of partners as self-employed individuals and the self-employment tax. Capital accounts and tax basis rules will also be discussed.
Small businesses are the foundation of the Commonwealth’s economy. This tax seminar will help entrepreneurs to understand and follow our tax laws so they can focus on making their businesses successful.
Tax experts from Ernst & Young (Edmund Brobesong) and Burger Comer Magliari (Dave Burger) will conduct the seminar at the Saipan Chamber of Commerce office on March 17 from 9am to noon. Coffee, tea, and light refreshments are included.
Registration for the seminar is now being accepted at the Saipan Chamber of Commerce office at the Marianas Business Plaza Suite 315, third floor. Call 234-7150 or email firstname.lastname@example.org or email@example.com to reserve your attendance. Registration fee for Chamber members is $25; $35 for non-Chamber members. Seating is limited to the first 40 paid attendees. (SCC)