Tax Tips for New Business Owners
The Business Owner's Toolkit - Total Know-How for Small Business is a useful website that provides guides, tips, and pertinent information for small business owners. This week, I received an email about an article on Tax Tips for New Business Owners . Based on the a checklist from the IRS, the article provides information on common tax issues that all new business owners must address, including: Choice of Business Entity Tax Obligations Employer Identification Number Recordkeeping Accounting Period Accounting Method