Federal income tax requirements are important for start-up businesses. Take a few minutes to learn key information about taxes and your small business. I have always advised entrepreneurs to do two things before launching a business. First, select your business structure. Second, set up your books to help with federal tax reporting. It’s better to ...
5 Small Business IRS Reports “Musts”
As we all know the federal government plays a key role in the life of any small business. Along with IRS forms, there certain items must be reported to avoid costly penalities. This article describes these five items: Workplace Injuries Cash Transactions Retirement Plans Hiring Workers Foreign Accounts Read more at: Tell It to Uncle Sam: 5 Small Business IRS Reports ...
How a small business can take advantage of new tax rules
"The tax filing deadline for 2013 tax returns is right around the corner - March 17 for corporations reporting on a calendar year, and April 15 for partnerships, limited liability companies, and sole proprietorships. More than one-third of business owners cut it close to the deadline and wait until two weeks before or less to file, ...
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