CPAofFlorida WOW Podcast – Tax Return Gotchas In New Businesses
This episode will discuss minor details that can cause big problems. Something as simple as not filing your S Corp election correctly can be the cause of additional professional fees to get it straightened out. Doing it right the first time will save lots of time and aggravation later. In addition we will discuss when to start filing your new business tax returns and what happens if you fail to file. As a final note we will discuss expenses incurred prior to starting the business.