Mount Laurel, NJ: Tax Relief Options for Small Business Owners
By Fanta Kaba
(OnPoint Resolution LLC)
It does not matter if you operate as a sole proprietor and use Schedule C to claim your income or if you are set up as a C-corporation, S-corporation or LLC - the IRS is watching what you do, and if they think you are not paying your fair share they will certainly come calling. When that demand letter from the IRS arrives, knowing what to do next can make all the difference, and the more you educate yourself the easier it will be to deal with, and eliminate, the tax debt.If you are running a small business, you have one unwanted partner that will dig into your pocket every year, it’s the IRS. The IRS wants to know what you are doing, how much you are earning and most importantly how much you are paying in taxes, and the tax agency is becoming increasingly aggressive in this regard. Whil...