 This week, the ladies of Smith Shapourian Mignano PC are proud to feature guest blogger, Phillip Hsu, CPA of Stratys Consulting in San Jose, California.
As our firm does not practice tax law, we rely on experienced accountants to advise our clients regarding tax implications related to transactional matters. Phillip has over 18 years of experience in tax and business development services, and ensures that companies at various stages of development are in compliance with the tax laws and regulations, thereby minimizing or resolving tax exposures and risks, and increasing profitability or liquidity by implementing sound and proven tax strategies or planning. His blog article may be found here. *** This blog does not constitute solicitation or provision of legal advice, and does not establish an attorney-client relationship. This blog should not be used as a substitute for obtaining legal advice from an attorney licensed or authorized to practice in your jurisdiction. You should always consult a suitably qualified attorney regarding any specific legal problem or matter in a timely manner, as statutes of limitations may bar your claim.
4 Comments
6/29/2022 12:50:22 am
I think this is one of the most significant pieces of information for me. And I'm glad to read your article. Thank you for sharing. 8/26/2022 02:14:48 am
You will indeed need to pay taxes. Prepare for it now. Depending on the nature of your firm, where you are located, and what you offer, different tax regulations may apply to your business. To find out exactly which restrictions apply, you'll need to conduct some study and perhaps speak with an accountant. You must submit taxes, no matter what they are. Many new enterprises may experience financial losses in their first few years. In such instance, you most likely won't have to pay income tax, but you still need to file a business income tax return. 12/22/2022 12:44:06 am
Thanks for writing an article that I found easy to read and understand. I just found this site and am looking forward to reading more of your posts! Leave a Reply. |
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