Can I start a new business if I am behind on my taxes?

Answer by  Rose (6804)

Yes, you can start a business, however the IRS will be watching you very closely and expect pay back as soon as possible.

Answer by  Amom (701)

Are you behind in your personal or business taxes? Either way make sure you are paid up or you might find the government as your partner in your new business venture. Talk to an accountant for the best ways of paying up back taxes and setting up your new business.

Answer by  tamarawilhite (17883)

Yes, you can start a new business. You can even have a new business and current business running at the same time. However, if you or the business you are own is behind in its taxes, the IRS will come after you for the taxes owed. This is true regardless of whether the original business is open or not.

Answer by  jessmwill (29)

Since you probably owe back taxes, I would definitely not recommend trying to open one. Doing so will give the IRS all the more reason to do an audit on you. This can be a long, painful drawn out process. Pay the taxes you owe so that you can start with a clean slate.