There are a jumble of tax rules and regulations that every small business owner must contend with. The following questions address the most basic tax issues: Have you established what your fiscal year will be for tax purposes? Yes No Do you need a federal employer tax identification number? Yes No Don't Know Done Do you know all the types of taxes you will have to pay? Yes No Growing your business usually means hiring employees. If you plan on expanding, answer the following questions: How many employees do you have, including yourself? How many employees do you expect to have in: 1 year 3 years 5 years Are you following state and federal employee regulations? Yes No Don't Know Do you need worker's compensation insurance? Yes No Don't Know Done
Growing your business usually means hiring employees. If you plan on expanding, answer the following questions: