If you are a business, you must file a tax return. Large or small enterprises, you are required to fill in the appropriate forms and send them off. If you have an expert tax lawyer, you will be able to reduce the amount owed the IRS and other tax organizations substantially. A good business or tax attorney will make sure you know which forms you need to fill in and when to send them in. Tax for business ventures vary according to the size of the corporation, retail shop or other commercial entity. The basic taxes consist of a business property tax, income tax, payroll tax and city tax. IRS taxes are placed on income. This is paid annually unless the business is a partnership. IRS taxes may include self-Employment (SE). These usually consist of social security and medicare taxes. Employment taxes are another facet of running a business. The monies filed concern the collection of social security and medicare taxes as well as the federal income tax withholding and the federal unemployment tax (FUT). Excise taxes may also apply if the business sells or manufactures a certain type of product e.g. certain trucks. Included in this area are environmental taxes and fuel taxes. States, counties and municipalities may also have requests for tax payments. Make sure you are paying according to the schedule. Also make sure you fill in the correct forms and use the right accounting methods.