Albert Einstein had it right when he spoke these words to his long-time friend and tax consultant before his death: "The hardest thing in the world to understand is income taxes."
Unsure about which federal laws guide your company? While there’s no replacing the direction of an expert familiar with your needs, it never hurts to step back and look at the big compliance picture. After all, some laws are relevant to businesses of every size. Chances are, your organization may eventually outgrow its current challenges and face a new regulatory landscape.
Whether you operate a growing business, an enterprise or something in between, keep these federal rules and tips in mind as you build and renew your compliance strategy.