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  • February 02
  • Posted By: Magda Abdo-Gomez
  • Posted In: Businesses , Tax Planning
  • Date: February 2, 2022
    • 0
    • 258

Tax Responsibilities when Closing a Business

A business may be closed by its owner for different reasons. However, regardless of the reason for the closing, the business must fulfill its tax responsibilities and notify the IRS of its plans. The following steps must be taken by the business in order to meet its obligations to the IRS. File a fi...
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Magda Abdo-Gomez

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