Schedule C is a familiar part of tax preparation, but reporting income and expenses for sole proprietors can involve a variety of considerations.
Join Jason Dinesen, EA, for this two-hour webinar exploring Schedule C and key concepts tax professionals may encounter when preparing returns for self-employed taxpayers and small business owners. This webinar counts for 2 hours of IRS CE under the category of Federal Tax Law Related Matters.
Jason will review Schedule C from a practical tax preparation perspective, including the reporting of business income and expenses and other considerations that can arise when working with Schedule C clients.
This webinar is designed to provide tax professionals with a practical review of Schedule C while reinforcing important concepts they can apply during tax season.
Learning Objectives
By the end of this webinar, participants should be able to:
- Identify the purpose and general structure of Schedule C.
- Recognize common types of business income and expenses reported on Schedule C.
- Review key considerations when preparing Schedule C for self-employed taxpayers.
- Identify information that may require additional review when preparing a Schedule C.
- Apply general Schedule C concepts to common tax preparation situations.
About the presenter:
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert, and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more.
He has presented dozens of webinars on Form 1099 (for 10 years on this subject!), marriage in the tax code, tax updates, the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation, and other issues relating to the modern-day setting.
Frequently Asked Questions
What is Schedule C?
Schedule C, Profit or Loss From Business, is generally used to report income or loss from a business operated as a sole proprietorship. It is filed with the taxpayer’s individual federal income tax return.
Who typically files Schedule C?
Schedule C is commonly used by sole proprietors and certain other self-employed individuals to report business income and expenses.
What types of income and expenses are reported on Schedule C?
Schedule C is used to report business income and qualifying business expenses. The specific reporting requirements depend on the taxpayer’s business activities and circumstances.
Why is Schedule C important for tax professionals?
Tax professionals working with self-employed individuals and small business owners may regularly encounter Schedule C. Understanding its structure and general reporting considerations can help when preparing these returns.
What will the Navigating Schedule C webinar cover?
This webinar will provide a practical look at Schedule C and key concepts tax professionals may encounter when preparing returns for self-employed taxpayers and small business owners. Specific topics will be updated as additional course information becomes available.
Who should attend this Schedule C webinar?
This webinar is designed for tax professionals who prepare or assist with individual income tax returns and want to strengthen or refresh their understanding of Schedule C.
Will the webinar discuss Schedule C business expenses?
Yes. Business income and expenses are among the general Schedule C topics expected to be discussed. Additional details will be provided as the webinar agenda is finalized.
When is the Navigating Schedule C webinar?
Navigating Schedule C will be held live on September 23rd, 2026, from 2:00 to 4:00 PM ET and will be presented by Jason Dinesen, EA.
