Freedom Insights | Payroll and HR Blog | Trivantus

How Can a Business Owner Keep Up With Tax Code?

Written by Admin | Feb 3, 2023 3:27:24 PM

There are over 70,000 pages of tax code. (CCH)

If you know what every one of these pages entails, you can move on from this article.

If you don’t know, then you are like the average business owner who may end up with questions every time tax filing season comes around. Tax code is ever-evolving, and is getting more complex with each passing year. As a business owner, you are probably not spending your time diving into the tax code, but you are certainly worried about filing correctly.

How can a business owner navigate the world of tax law, maintain compliance, keep up with all of the regulatory changes, and still take advantage of things such as small business tax credits?

The answer is simple: Partners who can help!

If there’s one tip that we can give, it’s to keep compliance top of mind as you partner with experts. Outsourcing necessary duties is an excellent way to save money and ensure your business runs smoothly, but you’ll want to make sure those partners keep your needs at the top of mind too.

At Trivantus, we help navigate W-2, payroll, and 1099 processes. We calculate, deposit and file all federal, state and local tax returns with the respective agencies and responds to any notices that are received. Get in touch with us today with any questions!