The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  https://boards.fool.com/back-in-january-i-started-a-small-business-first-30784507.aspx

Subject:  Re: Small Business Tax Preparation Date:  7/18/2013  7:14 PM
Author:  irasmilo Number:  118897 of 130193
Back in January I started a small business.

First things first. How was the business organized? Did you form a corporation? An LLC? Nothing at all?

What you did at the time you started the business will determine what you need to do with the IRS when it ends.

And, often more importantly, what you need to with your state tax department.

Ira
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us