Trusted Answers From Licensed Business Professionals
Many new businesses are very cost conscious when it comes to expenses such as tax preparation. They would rather use their limited capital towards spending that results in more revenue than on support services. However, accounting for and properly preparing company tax returns are important for a host of reasons, one of them being mitigating audit risk. With that said, let's review some of the tax preparation options that are available to businesses. .
I can’t imagine having to do taxes for a business. I don’t like doing them just for myself, and I think if I were to ever start a business I would definitely hire a competent enrolled agent to do it for me.