It can be easy to forget about Uncle Sam when you’re in the midst of day-to-day operations, but making tax mistakes can be costly for your small business. To help you prevent hearing the knock of the IRS at your door, here are five common tax-centric mistakes to ensure you avoid.
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Check Your CreditEveryone should check their credit report at least annually. Go to this free, secure site to check it. To assure that your credit file is disclosed only to you, the nationwide consumer credit reporting companies will authenticate your identity utilizing the personal identification information you provide on this site, including, but not limited to, your Social Security number, and then require that you answer certain questions. For your protection, if your identity cannot be authenticated for online delivery of your credit report, you will receive further instructions on how to request your report for delivery by the U.S. Postal Service. Failure to authenticate for online delivery of your annual credit report is not an indicator of fraudulent activity or identity theft.