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
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