Move On!
With your tax debt settled it is time to move on. Moving forward financially is important and should be easier now that you can focus on raising capital or growing your business or improving your bottom line.
Inflation will reduce the spending power of your capital over time, so it is important to calculate the tax burden on your business income.
To avoid potential adverse tax consequences in the future consider retaining a trusted CPA for your business.
Information provided about back taxes is intended for educational purposes. The content of this site is not intended to be a substitute for
professional tax advice rendered by a CPA, attorney, or an Enrolled Agent.