Accounting tips for starting a business

So you’re ready to bring your creative and innovative idea and small business to life. Starting out with a clear understanding of the accounting and tax issues involved in your business will make growing and changing down the road smoother. Here are some important things to know before beginning a business. Don’t miss: Is the …

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Opening a business? You’ll need form SS-4.

Are you taking the leap to do what you love? Or investing in a foreign company that you believe in? If either of these answers is ‘yes,’ you most likely will have to fill out a Form SS-4, Application for Employer Identification Number, or EIN. Form SS-4 allows you to obtain an EIN which is …

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10 Things to Know When You Have a PAC (Political Organization)

Here are ten important things to know when you have a political organization (PAC): (1) The IRS requires that a PAC have its own taxpayer ID # which can easily be obtained at the IRS website by completing form SS-4. (2) When a political organization is first formed, it must give notice electronically to the IRS that …

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