CVCC Small Business Center: Business Organization and Recordkeeping with the IRS

Businesses need to know their options when it comes to legally structuring their business and how it will impact their tax liability.  This session reviews legal structure options, the role of an EIN, and outlines the primary types of business taxes that many entities are required to play.  Plus the sessions reviews recordkeeping requirements for businesses, including the types of information which need to be retained and the length of time that records should be kept.