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Small businesses make up the fastest going segment of federal income tax return filers. The number grows by millions every year as more people look for ways to supplement their incomes and gain financial independence. The problem is most people who set out in business have no idea how to meet the dozens of compliance burdens the tax code heaps on business owners. The GAO once counted more than 200 distinct obligations placed on the shoulders of businesses. Can you name all 200? Can you name even 20? Most business owners can’t. That’s why so many end up in trouble with the IRS. What starts as a dream to gain financial independence often ends as a nightmare as the IRS imposes tens of thousands in unexpected taxes and penalties. That’s why I wrote my new book, Dan Pilla’s Small Business Tax Guide. This book guides business owners through the morass of IRS rules and regulations so you don’t end up regretting the day you opened your doors. If you are considering starting a new business or even if you already have one, do not go it alone. My book could very well be the best investment you ever make to realize your dream.
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