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Posted on July 8, 2020 at 12:10am 0 Comments 0 Likes
Federal tax law is rather generous to small businesses. However, as your company increases in size and complexity, things start to become more complicated. An increase in your revenue and profits means an increase in your tax liability. But such payments can be made in ways that are not detrimental to the financial health of your company. And even if you find yourself in debt to the IRS, you need not be overly concerned.
In cases in which you are clearly right and the IRS clearly…
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