Covered in the course is line by line instruction to complete the Schedule C.

Objectives

At the end of this course, the student will be able to do the following:

• ·         Identify the differences between accounting periods and accounting methods.



• ·         Understand the guidelines between an independent contractor and an employee.



• ·         Explain when to use Schedule C-EZ and when to use Schedule C.



• ·         Recognize what determines start-up costs.