Startups, just like other companies operating in the US, are obliged to file their tax returns every quarter. While the steps to take in order to file for a tax return are easy to understand, the internal revenue code itself can be overwhelming. This is where having a professional tax specialist assisting you with your startup’s taxes may come in handy. With the help of professionals, you can avoid unnecessary mistakes and make large savings on your taxes.
The demand for taxation specialists is also increasing for the same reason. Universities such as Northeastern University and their online MST degree courses are now helping students to become professional tax specialists. According to the latest studies, over 90% of taxpayers need help with their taxes, and 60% of them now work with tax preparers to make the whole process more manageable.
You can find out more about the reasons to outsource your startup’s tax returns from the Why America Needs Tax Professionals infographic below.
Northeastern University’s Master of Science in Taxation Online Program
