Basics for a Small Business Licenses and Regulations Requirements
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Business owners are required by law to keep the following in the wages paid to employees: income tax and insurance
. Income taxes will also be levied by the state governments on earnings of any business. Consequently, each business obliged to file an income tax return with that agency.
Businesses may be required to file estimated tax returns and pay probable taxes on a quarterly basis. We have to issue a disclaimer to you here! We are NOT tax officials nor are we legally allowed to offer you legal advice. This type of information can ONLY be given by a capable legal influence such as a lawyer, judge, or relevant legal professional!
Basics for a Small Business Licenses and Regulations Requirements