As a business owner, if there is one thing you need to make sure you always do punctually, it is paying your taxes. If you entrust this task to one of your employees, take it upon yourself to check that they have done it. The Internal Revenue Service (IRS) will not be...
Business & Corporate Taxes
IRS to target high-income earners
From time to time, the Internal Revenue Service (IRS) announces a campaign to target a particular sector of society and audit their tax returns. If you earn a high income, there may be a letter dropping through your letterbox this month. These are the two main reasons...
TAX CHECKLIST FOR CLOSING A BUSINESS
There are certain actions that businesses typically take when closing. A business ending its operations must file an annual return for the year it goes out of business. It must file the final employment tax returns for any employees. A business must also make...