Because tax laws can be extremely
complex, small business owners are strongly encouraged to seek professional
assistance. A good accountant or CPA (Certified Public Accountant)
will help navigate through local, state and laws and
also explain how to minimize future tax obligations.
Even if you retain professional tax assistance, your tax responsibilities
are still solely your obligation. You should understand how the
various tax systems impact your business. Although the following
information is not comprehensive, it does provide an overview of
the most common business tax requirements.
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