Week 8 Day 5 Action Items

Day 5

• [ ] Familiarize yourself with the tax compliance requirements for your business.
• [ ] Identify any areas where you may need additional support or information.

Areas to Verify Compliance (when applicable)

• [ ] Obtain an Employer Identification Number (EIN)
• [ ] Choose the Right Business Structure
• [ ] Keep Accurate Financial Records
• [ ] Understand and Meet Filing Deadlines
• [ ] Pay Estimated Taxes
• [ ] Employee Payroll Taxes
• [ ] Sales Tax Compliance
• [ ] Maintain Proper Documentation for Deductions
• [ ] Retirement Plan Compliance
• [ ] Stay Informed About Tax Law Changes
• [ ] Consider Professional Guidance