Small Business Tax Preparation 101: Taxes Impact Everything

As a small business owner, you may assume the IRS isn’t concerned with your tax liability. However, this assumption couldn’t be further from the truth. In fact, reports suggest that the IRS has increasingly targeted small businesses for audits in recent years.

While the government may not be interested in your business before it turns a profit, it’s important to pay attention to your tax responsibilities in order to maximize deductions and prevent liability issues moving forward.