Overview

The National Taxpayer Advocate estimates small businesses spend approximately 2.5 billion hours each year preparing tax returns or responding to IRS inquiries about their returns. This is the equivalent of 1.25 million full-time jobs. The study also cited that 70% of small businesses employ tax professionals for tax preparation and to represent their interests before the IRS. You have to ensure that you pay all your dues on time and start preparing for it well in advance to avoid rushing it at the last minute. This book contains: The Basics of Tax Business Structure Business Tax Tax Rate for Small Business Costly Tax-Related Mistakes Tax Credit and Deductions And so much more!

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