Special
tax issues come up when you own a business. You may be in business,
thinking of opening a business, or thinking of changing the form of
your business. This discussion will give a brief federal tax overview
of the different forms of doing business and tax issues arising from
having employees. It does not cover state or local laws (tax or other)
that can also affect your decisions about your form of business.
Find
out about sole proprietorship, partnership (general and limited),
corporation (C and S), and limited liability company.
Find
out about gross receipts, ordinary and necessary expenses and employee
taxes.
Do
you need to consult an expert before starting a new company?