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Accounting At Your Fingertips, 2e by George R Murray

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12

Taxes

12.1 Advanced Planning

12.2 Payroll Taxes

12.3 Sales Taxes

12.4 Income Taxes

12.5 Record Retention

12.1 Advanced Planning

What You Should Know

Where to Look

Where taxes are concerned, you’ll find a little advanced planning goes a long way. In this subchapter, we tell you what you should know about taxes—even before you open up for business—and where to go to get the information.

What You Should Know

Anyone starting a business will quickly learn that they are required to pay taxes to a multitude of government agencies—and not just on income. Depending on the nature of your business you may also be responsible for payroll taxes, property ...

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