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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
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