Tax Forms Every Small Business Owner Should Know

There are tax forms for every conceivable business entity, type of employee, and expense. It’s important to learn which ones apply to your company’s needs. — Getty Images/damircudic

Small businesses must submit various tax forms annually and throughout the year. The requirements vary based on your business entity type, industry, employees, and more. Fortunately, most free and paid tax software identifies necessary documents. Many also provide links for more information or guides to filling them out.

However, understanding the various forms helps you gather the correct information and better estimate tax liabilities. In short, knowledge can make tax season go smoothly, prepare you for potential audits, and help you avoid surprises. Learn which tax forms…

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