Taxes

As a business owner, when you begin to produce income and own property you will be required to pay taxes. Figuring out the right amount of tax can be tricky.

During the first year or two of business it might be a good idea to hire the help of a bookkeeper or accountant. These professionals are trained in the details of business taxes and may be able to help you get a larger refund and more importantly avoid a stressful audit of your business.

If you decide to do your own taxes, be sure to check out these resources. These links will guide you to the right forms and the tax laws regarding business.

Business.gov provides an excellent overview of tax information. And since it is a government site you can trust this information!

http://www.business.gov/phases/managing/pay_taxes/index.html

Are you a sole-proprietorship, partnership, or limited liability corporation? Each type of entity is required to fill out different forms. Find out which forms are required at this IRS webpage.

http://www.irs.gov/businesses/small/article/0,,id=98191,00.html

Home | Business Development | Funding Your Business | Money Management
Glossary | Using This Site | Site Map

For assistance or additional information contact:

The Center for Human Development by email | 2702 Gambell Street, Suite 103, Anchorage, AK 99503 | Phone: 907-272-8270 | Toll Free: 1-800-243-2199

The Center for Human Development and UAA are an AA/EO employer and educational institution.