You’ve Incorporated Your Business – Now What

You’ve just incorporated your new business and you’re wondering what to do next. Not that you don’t know a couple hundred things that need to be done but let me add four items to your “to-do” list that you might not be thinking about.

1. Visit IRS.gov and figure out what you’ll need to do to stay in compliance with tax law for your new business. You may need to pay estimated tax quarterly or have some other requirements you’ll need to comply with. Better to stay on top of all things to do with taxes and not get caught by it later.

2. Visit your official state government website to learn what they require of your new business.

3. If you’re planning on applying for the subchapter s designation for your new business you should check the IRS.gov site to see when the deadline is for filing. In the past it’s been the first quarter of the year following the date you incorporated. They are slightly lenient and might give you extra time – so if you’re late – file anyway.

4. Grab your domain name to match your business and, if it’s too long maybe a more user-friendly version also. If you use Godaddy.com you can get domain names for about $10 each. 1 year of hosting for just $50. You should register your domain name as soon as possible as there are some unscrupulous people that comb the state registry for new businesses and pre-register domains that match the incorporated site.

Take care of these few things before you get busy with the myriad tasks in front of you. Good luck with your new business – and if you need any internet training we’ll have a number of free and premium courses here to get you up to speed.