
When does a business start paying taxes?
In Taxes - Business - Asked by Admin - 2 years ago

There are many dependencies that determine when a new small business owner is liable for their first tax payment. For example, the moment you hire your first employee you must deposit payroll taxes. If you are in the consumer retail business, you must deal with sales tax. Then there are federal and state income taxes, which you must pay once a quarter, and so on.
Answered by Admin - 2 years ago



