How you should approach paying your taxes depends on the form of business, the tax elections you have made, and the locality and state in which you live. You could read books from now until next decade and still not have your precise situation addressed.
A consultation with a small business accountant will be the quickest and most efficient way to get your questions answered directly.
Question added to topic Money •
July 31, 2008
My husband and I have started a small business. We are not pulling paychecks for ourselves, but trying to cover bills. How can we juggle this and also approach taxes?
Please refer me to pertinent reading on this subject.
Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.
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