Page 7 - Keeping Records for Individuals - Handbook
P. 7
WHAT NEW BUSINESS OWNERS NEED TO KNOW
/!\ HELPING CLIENTS TAX PLANNING EASY /!\
As a new business owner, you need to know your federal tax responsibilities. In
addition to knowing about federal taxes, you need to make some basic business
decisions.
• What are my financial resources?
• What products and services will I sell?
• How will I market my products and services?
• How will I develop a strategic business plan? How will I manage my business on a
day-to-day basis?
• How will I recruit employees?
• The Small Business Administration (SBA) is a federal agency that can help you
answer these types of questions.
https://lentcpa.com https://www.irs.gov/pub/irs-pdf/p583.pdf
