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Small business tax return errors — What to do!

from Active Filings

If you haven't done it yet, you will someday. Your small business is up and running and now it's time to do your taxes. Small business tax returns aren't as difficult as you might think, but just like IRS paperwork for your personal income it's easy to make mistakes. So what do you do if you inadvertently file your return with an error? Remember that if your small business tax return is filed and you received a larger check than what you're entitled to, and you deposit it, you have committed a crime in the eyes of the IRS and it's important to correct that error. more

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