During National Small Business Week (May 4–10), the IRS features tools and resources designed to help small business owners, employers and the self-employed understand their tax obligations. Among the tools is a list of best practices for business success, such as choosing the right entity for your company and securing an Employer Identification Number through the IRS. Being busy with customers is great, but don’t neglect recordkeeping. Good records are fundamental to your business health, so make maintaining them a priority. Also, be on the lookout for scams that can erode your business and personal assets. For more from the IRS: https://bit.ly/42CP2Hq
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