Ask any business owner and they’re likely to tell you the same thing: They love doing their work but occasionally (and in some cases, regularly) struggle with managing business operations. After all, the work is what beckons and inspires business owners – not the bookkeeping. Many people start their businesses to pursue their passions. But if you’re like many, you could use an occasional business primer to ensure you’re managing the business as effectively as possible (as well as to keep taxing authorities satisfied). While not an exhaustive list of business knowledge, the following links can help provide critical information on a variety of basic business operations.
20/20 Tax Resolution offers the following resources to help businesses manage their tax liabilities and obligations:
- Tax forms: Quick and easy links to a wide variety of tax forms. https://2020taxresolution.com/forms/
- Find out how much you owe: Calculate penalties and interest on any outstanding tax liabilities. https://2020taxresolution.com/calculate-your-liability/
The Internal Revenue Service provides a thorough overview of basic tax knowledge that is valuable to any business owner:
- Business taxes: An examination of the five basic types of business taxes. https://www.irs.gov/businesses/small-businesses-self-employed/business-taxes
- Tax Information for businesses: A lengthy list of links to tax information for a variety of types of businesses. https://www.irs.gov/businesses
- Operating a business: Basic tax information surrounding basic business operations. https://www.irs.gov/businesses/small-businesses-self-employed/operating-a-business
- Filing information for corporations: How to file a variety of types of taxes. https://www.irs.gov/filing/corporations
The U.S. Small Business Administration offers a variety of resources for business owners. Click on the links below to drill down deeper into each of these topics:
- Running a business: Covers everything from basic business accounting to marketing and human resources. https://www.sba.gov/managing-business/running-business
- Leading your business: Learn the basics of business leadership – from how to be an effective leader, make smart decisions and manage employees. https://www.sba.gov/managing-business/leading-your-business
- Business law & regulations: A thorough review of industry laws and regulations, employment and labor law and how to handle legal concerns. https://www.sba.gov/managing-business/business-law-regulations
- Business financials: Understanding the financial needs of managing a business and links to options to help start and grow a business. https://www.sba.gov/starting-business/business-financials
- Filing and paying taxes: Basic taxation information that every business owner should know. https://www.sba.gov/starting-business/filing-paying-taxes