Resources for Small Business

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When you open a new book, "you break the back" of the book to make turning the pages easier. The same is true with one-write checks. Before using the shingled checks, you should "break the back" of them to make it easier to turn over the top checks.

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Taxes and Employees

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

Don't Know

Do you need worker's compensation insurance?

Yes

Don't Know

Done