GST Filing Status - Don't Ignore Your Customers!
When your business is small, like a sole proprietorship, most of the time you won't be filing taxes because you don't have anyone looking over your shoulder and making sure you're not just plucking a few dollars here and there. However, that does not mean you can get away with it. Your business has customers that will complain if you are making them pay a fee without giving them a reason to.
Just because you are running your own business doesn't mean you don't have a responsibility to your customers. Each of your customers will probably want to know what exactly they are paying for. Here's an example of what your customer will be asking when they are aware of a change in your company tax filing status.
Did you notice anything about your website or sales letters that remind you of something you should change? Did you write anything about refunds in your sales letter? Have you got any extra work done that isn't included in your sales letter? Did you order anything that isn't included in your sales letter?
These are all things you should be reminded of if you are a new company and want to make sure you're getting your sales letter out to your customers quickly. The sales letter is one of the most important pieces of literature you send out to your customers. If it comes across as empty, that is going to make them wonder what else you're selling.
If you have a sales letter that is perfect but missing something or you can't get any more work done then you may need to look into something else. A change in tax filing status is a big deal and you need to be prepared. With the way the economy is now, it might be difficult to go back to regular taxes and you should be preparing yourself for that possibility.
Business owners like yourself tend to wait until things get worse before taking action. There are many people that have started to file late, filed out of state and even filed themselves bankrupt because they were under the impression that the IRS would not change their filing status for them. This is just not true.
They have made changes to the online application so that now you only have to fill out the form once. Before you had to fill out the form multiple times and then mail it in. Not only that, but now you can also apply online to stay on track with your taxes.
Although you will have to pay a fee to apply online for the online applications to stay on track with your taxes, it is a small price to pay. You can even apply online in person, by phone or even by mail if you prefer. What's more, you can still apply online to stay on track with your taxes for free.
You can do this while paying no fee on your taxes. The good news is that most taxpayers never even know about this opportunity until you talk to them about it. It is there for everyone, even those who file for the first time.
Most people tend to think that only the wealthy and those who have to file on a regular basis will know about these things. That is not true anymore. Anyone can apply online for this new way to stay on track with their taxes.
When you are a small business owner you may have to pay taxes that you didn't want to pay in the first place. However, you will get them all of the same without any hassle or hassles. Don't let the past hold you back from being able to avoid the headache of finding out about tax filing changes.
You just have to know that you can apply online for your online applications, pay the fee online and you will get them sent to you on a regular basis. Then you can apply and pay for those things that are due every month.