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August 4, 2009
Once a business owner has filed Articles of Incorporation with the Indiana Secretary of State, congratulations are in order – the corporation has just become an entity. After celebrating this milestone, the corporation now assumes all liabilities and debts of the company. And all income from the corporation is taxed, while individual income taxes are withheld from employees’ wages.
Sound confusing? This is where the New and Small Business Education Center can be a great resource to corporations – guiding them through the complicated state tax process. A corporation needs to register with the Department if the business:
Everything a business owner could need to better understand the state tax process is found at the New and Small Business Education Center. Available 24/7, this invaluable online tool is the place for businesses to update information, apply for new taxes and find the appropriate form they need – for any business type. To visit the New and Small Business Education Center, go to www.smallbiz.in.gov/
For more information about business taxes, you can speak with a bilingual representative at the Indiana Department of Revenue, please call (317) 232-2240 (press 2 for Spanish) from 8 a.m. to 4:30 p.m., Monday through Friday. Or you can submit questions via e-mail to email@example.com You may also visit our new Web site www.impuestos.in.gov/
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