Tax for Small Business
If you’re like most small business owners, you pay an accountant or other professional adviser to handle your taxes, but understanding the various tax choices is vital to running a business successfully.
This allows you to identify potential tax advantages and traps in time so you can react immediately.
Recently, the Chamber of Commerce produced an info-graph designed to ease the process of understanding and evaluating tax for small business owners. This graphic aims to clarify and describe the content found in similar studies recently released by sites such as the Small Business Administration.
Raising awareness by sharing information like this on Business Credit Blogger.com is a vital tool in helping small businesses like you survive.
As a small business owner, be aware of your tax obligations and when payments are due – even if you use an accountant. With awareness of taxes for small business, you can avoid unexpected payments or penalties.
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Marco Carbajo is a business credit expert, author, speaker, and founder of the Business Credit Insiders Circle. He is a business credit blogger for AllBusiness, a subsidiary of Dun and Bradstreet and author of “Eight Steps to Ultimate Business Credit” and “How to Build Business Credit with No Personal Guarantee.” His articles and blogs have also been featured in the SBA Community, American Express Small Business, Business Week, The Washington Post, The San Francisco Tribune, Scotsman Guide, Alltop, Entrepreneur Connect, and Active Rain.
*Infographic designed by Chamber of Commerce