Tax Tips for New Businesses

2022-02-03T12:46:12-05:00

There are tax requirements that need consideration to ensure tax reporting compliance and eligibility for the maximum number of credits and deductions. Tasks such as selecting the appropriate business entity, establishing a tax reporting year, applying for an Employer Identification Number, and having employees complete required tax withholding forms are some of the requirements. Learn about business entity and tax filing considerations and requirements when starting a business.