
6 Tax Tips for Your New Business
01/6/2021 Tags: Announcements, In the News
One of the biggest hurdles you’re likely to encounter when you start a new business is understanding your taxes. There are lots of questions you have to ask yourself and a lot of paperwork to fill out.
To make the processes a little less intimidating, the IRS put together these tips. We’ve summarized them in an eBook that you can download here for free.
As a quick overview, here are the steps you’ll need to complete to make sure your business stays on the right side of the IRS:
- Pick a business structure.
- Pick a tax year.
- Apply for an employer identification number.
- Make sure your employees fill out all the right forms.
- Pay your business taxes.
- Visit your state’s website.
If you need help find your way through all the IRS’s requirements for a new business, please reach out to us. We’re always here to help!
Other Useful News

Paycheck Protection Program Guidance Issued
04/1/2020
The Small Business Administration released some guidance for the nearly…
More info
For Farmers and Ranchers, New PPP Loan Calculations
01/18/2021
The new Economic Aid Act changes how Payroll Protection Program loans are…
More info
Is Your Organization Tracking Wages Correctly for the CARES Act?
09/16/2020
Organizations that received CARES Act funding — like healthcare facilities,…
More infoDON'T LIKE NUMBERS? WE DO.
At Casey Peterson, LTD, we understand not everyone loves the complexities of accounting like we do. That's what sets us apart from the rest. Our CPAs, accountants, and financial advisors truly love numbers, solving problems, and creating business and financial strategies for our clients.
We’re looking for clients who believe in good customer service — clients who want CPAs, accountants, and financial advisors who are big-picture thinkers and ethical problem solvers. We’re looking for relationships, not transactions.
If you want the same, we should talk.