6 Tax Tips for Starting A New Business

In Today video, I discuss 6 Tax Tips any one starting a business should be aware of.

1.) Business is not a Hobby
2.) Business Structure/Entity
– Sole Proprietorship
– Limited Liability Companies
– S – Corporations
– C Corporations
3.) Bookkeeping

4.) Understanding your taxes and when your taxes are due
– Income Taxes
– Self Employment Taxes
– Sales Taxes
– Local Taxes

5.) Business Expenses

6.) Don’t Create Business Expenses for the Sake of Creating a Tax Write off

If you have questions about your business taxes, text me at 484-278-1357

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