Today is Tax Day!! Thanks to COVID-19 we got an extension.

Make sure you pay all your taxes as a business owner and file your forms.

Last week I reconciled my books, pulled reports and sent myself a Schedule K-1 so I could file my S-Corp return with the IRS. Last night I made sure I paid $300 for my business’ property taxes and submitted the return. Because in the past, I forgot. So I took precautions. Yes, your business may have to pay property taxes. It’s an asset and separate person in the eyes of the law.

As business owners, we sometimes wear multiple hats.

So if you don’t have access to legal counsel, make sure you’re legally complaint by filing and paying any and all of the taxes in the photo that apply to your business.

Have you filed your business taxes?