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    Well, managing your tax is prominent either you are running a small business or large size business and if one is really capable of managing their own taxes then what could be best than this and especially if your tax situation is straightforward and you have no major transactions for the current tax year then it would be easier for you to fill your tax return by your own. But as far as I'm concerned, hiring a tax adviser can really assist you and it would be beneficial for your business.


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    2.) Can I open a bank account now using social number in place of EIN and start purchasing equipment, or should I wait to open account once I am classified as S-Corp status?


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    The impact it has is definitely very great. We all should take good care of that one. - Marla Ahlgrimm


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