Summer is a good time to review your income and tax liabilities, especially if you are a small business paying estimated taxes. The midway point of the year should give you an idea of how the taxes you paid are measuring up to the income you are earning. And if you have had a life event at some point in 2017, it’s important to consider the tax implications of any change in your finances.
SmallBusiness.com has summarized a few of the things to look out for and provided some IRS tools to help businesses figure out what, if anything, they need to change.
