Operating as a sole proprietorship is the perfect solution for some of our clients. This is among the simplest methods for small businesses to report their taxes.
A sole proprietorship is also the most frequently audited business tax return. Sole proprietors need to get it right, or they will incur the wrath of the IRS upon an audit.
That’s where we help our clients the most. We inform our sole proprietors about necessary record-keeping and specific guidelines that apply to sole proprietorships. It is imperative that the sole proprietorship operates within the guidelines set out within the tax law pertaining to them.
We provide answers, guidelines, and instructions to our sole proprietorship owners so that they will have peace of mind about their tax reporting.
Yarborough & Potter Inc. is eager to answer your queries about our tax services. You can begin your relationship with us today by contacting us using the form below.