There's no minimum income to file a business tax return

Name: There's no minimum income to file a business tax return
Duration: 56 s
Description: You must file a business return even if you made just one dollar; the IRS can audit your bank statements.

3 views·👍 0

Think you can skip filing if your business made under $10,000? That's a common myth, but the IRS doesn't see it that way. TJ explains what actually triggers a filing requirement and shares a real audit story that shows just how closely the IRS can scrutinize every deposit in your account.

Want TJ to look at your taxes?

Videos are the free stuff. The real savings happen one on one.

Book time with TJ →