today we will be learning about how to handle taxes when starting a business, many people has confronted me with this question weeks ago, so today I will be educating us on the best way to go about your taxes when starting a business of your own. when you’re the sole proprietor of a business, you’re responsible for your federal income taxes. Being knowledgeable about tax repercussions of starting a business is essential for avoiding some future errors which might be too costly to correct and also enabling legal compliance. In this post we will be learning how to handle taxes when starting a business also with the importance of business taxes, picking the best business structure, and obtaining a tax ID number.

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