When it's time to file your business taxes, maintaining accurate records and furnishing your tax professional with accurate information saves you and your professional a lot of time. 

There are typical actions that are taken when closing a business. You must file an annual return for the year you go out of business. If you have employees...

Good records will help you monitor the progress of your business, prepare your financial statements, identify sources of income

Choosing the right type of legal structure for your business is something that every new or existing business owner must carefully consider.