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9 If you and your employees are covered by a
8 spouseʼs plan, yes. But if you and your employ• ees are single, or not covered, itʼs going to
cause problems. Itʼs one of those minimum
A benefits that good people shop for when they
U are looking for employment. You might be able
Y
G to join an association and qualify for group
U
S rates. Ask your agent.
T
T
Tax Preparation Fee
a
at
2
0
1 Certified Public Accountants (CPAs) provide
P
PA
4
professional advice for the new business that
is operating ethically. Lawyers solve problems.
If you want to avoid a lot of problems, hire a
CPA right away. Have him or her set up your
P
PA
accounting system, which can be as simple as
categories on a green ledger sheet. For a fixed
fee, your CPA should agree to provide tax
P
PA
forms and reports, as required, for the
IRS and the
state; and notify you when
and how much
tax you owe for
quarterly payments, Social
Security, and
unemployment
insurance payments. You should do the rest of
Y
your information collection and analysis yourself at first. As your company grows, you might
consider using other professional accounting
services, like bookkeeping on a time-share
computer system to generate reports and
analysis.
continued..
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