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*New to running a business?* In this video, *Kolonji Murray**, tax expert and founder of **TaxAssurances**, explains when you're required to file a **business tax return**—and it’s not just when you incorporate. If you’ve started **spending or earning money* with the intent to run a business, even as a **sole proprietor**, your tax obligations may have already started. Murray covers important topics like: ✅ When business tax filing requirements begin ✅ Deducting startup expenses (equipment, travel, venue rental, etc.) ✅ How to track expenses before incorporation ✅ Why keeping good *financial records* is critical from day one Whether you're freelancing, side hustling, or launching a full business, this video gives you a clear roadmap for meeting your *IRS tax filing requirements* and maximizing deductions. \#BusinessTaxes #TaxTips #SoleProprietor #SmallBusiness #TaxAssurances #KolonjiMurray #IRS #StartupDeductions #MarthasVineyard #OakBluffs #TaxFiling #SelfEmployed #EntrepreneurTips ********************************************************************* LIKE, COMMENT & SHARE! #incometaxpreparation #incometaxhelp #dotaxes #taxpreparation #taxassurances #taxplacenearme #taxadvice #incometaxfiling #taxreturn #newrochelletaxes #taxpreparersnearme #assistancewithtaxes #incometaxprep #taxreturnpreparernearme #taxesdonenearme #taxpreparationaroundme #incometaxreturnpreparation #TaxPreparer, #TaxHelp, #TaxReturns2025, #FileMyTaxes, #VirtualTaxServices ♦ Want More Videos? ♦ Subscribe to see more helpful tax tips and strategies! / @taxassurances ********************************************************************* For answers to individual questions, call 914-278-9241 or email TaxAssurances at: https://www.taxassurances.com/contact... ********************************************************************* Read our client reviews on Google: https://www.google.com/search?q=taxas..., ********************************************************************* Purchase "Bank Magic: Financial Literacy for Young People" to teach the young people in your life about financial literacy: https://bankmagicclub.com/ ********************************************************************* Never forget important information again! Order your beautiful TaxAssurances hardcover journal today: https://taxassurances.com/store ********************************************************************* Also follow TaxAssurances at: Website: https://www.taxassurances.com/ TikTok: / taxassurances Facebook: / taxassurances-307357232626393 Instagram: / taxassurances Twitter: / taxassurances LinkedIn: / kolonji-murray-47b4101 Yelp Reviews: https://www.yelp.com/biz/taxassurance...