Good recordkeeping aids in preparing financial statements
After your company is registered, EIN assigned, and your business bank account is set up, it’s crucial to stay compliant ... Read More
What people need to know when starting a business
Choose a tax year:A tax year is an annual accounting period for keeping records and reporting income and expenses. A ... Read More
What people need to know when starting a business
The IRS knows that understanding and meeting tax obligations is vital to the success of all businesses, especially a new ... Read More
What to do when a taxpayer receives mail from the IRS?
Read the letter carefully. Most IRS letters and notices are about federal tax returns or tax accounts. Review the information. ... Read More