Most small-business owners need a bank loan at one time or another, and applying for one involves much more than filling out paperwork and saying a prayer. Among other things, you need to consider the state of your personal and business finances, how you're going to repay the loan, and how much money you actually need.
You’ve worked your accounting and payroll department to the bone working on tax challenges for your small business. Finally, everybody’s W-2s have been sent out, and you are totally positive that they are 100% correct. Now it’s time to relax, right? Nope. You're a small business owner, and there are tax challenges for small business.