- [Michael] Thank you for joining me for this course.
I hope you've enjoyed it and now feel better prepared
to handle business taxes at all levels.
Remember, taxes for businesses are assessed monthly,
quarterly and annually and they apply
at state, federal and sometimes even local levels.
Therefore, it's important that you stay organized
and keep very clear records.
The tax man is very unforgiving.
You want to make sure you can always prove
that you've met all of your obligations.
That'll help you to minimize unpleasantness
and extra fees down the road.
Make sure that you file on time to avoid penalties
and keep an eye out for opportunities
to reduce your tax burden through tools like the SEP
and managing your SUTA outlays in order
to lower your SUTA rate.
Moving forward, keep practicing when it comes
to dealing with business taxes.
Look for opportunities to save money where you can
and improve time and efficiency when it comes
to doing your filings.
And of course, keep an eye out
for more great training right here on LinkedIn Learning.
Thanks again, and I look forward
to talking with you on a future course.