Many decisions are made when starting a new business, including five issues the IRS has identified as key considerations. Whether it is the type of business you will form, the manner by which you report and pay taxes, the account method you may elect or day to day operations regarding record keeping and other requirements, you will want to read the IRS’ tips to make sure you are in compliance as you begin your exciting new venture! 

Click here to read the advice from the IRS.