| Tax filings are generally required on the local, state, and federal levels. Generally there are four main areas of taxation in which requirements of reporting about the business's activity and the resulting tax liability must be met:
1. Sales Taxes
2. Business Taxes
3. Property Taxes
4. Employee Related Taxes or Payroll Taxes
It is imperative to understand the filing requirements and obligations of each type of taxation as applied to their line of business and incurred through operation. If taxes are not filed and payments are not made as required, the business can incur
civial as well as criminal liability. |
LSU Clock Tower |