Starting and running your own business is part of the American Dream, and there are some 27 million firms in the country, around 75 percent of which have no payroll. While the majority of these entrepreneurs are likely to have great knowledge of their respective fields, it’s less likely that they are well-versed about taxes. The IRS website has some excellent information for business owners regarding starting a business and tax payments.
For further questions about Phoenix new business accounting, please contact Singer Tax & Accounting, PC today at (602) 482-8006.