Posted on: 2 February 2021
Tax planning is a way to get in front of the potential bills you might owe in the future to the government. A major goal is to focus on creating the conditions for tax benefits long before the bill comes due. Short of that, you at least want to avoid putting yourself in a worse position on the tax front.
It's important to think clearly about what can and can't happen throughout this process.
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Posted on: 12 November 2020
As a small business owner, you have dozens of tasks to attend to each day. You do not have time to take care of your books or focus on filing your taxes. However, you also cannot let these tasks fall by the wayside either.
Instead of stressing out about your bookwork or failing to meet your tax filing deadline, you can use professional public accountant services for your business. These tasks are some that an experienced public accountant can take care of for small business owners like you.
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Posted on: 18 August 2020
Selling on Etsy has continued to grow in popularity. Etsy offers the opportunity for individuals to sell handmade goods as well as goods that require you to use your own creativity. If you are interested in setting up a shop, it is important to understand the tax implications of doing so.
Tip #1: Keep Track of the Cost of Producing Your Goods
First, you need to make sure that you keep track of the cost of producing your goods.
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Posted on: 27 November 2019
When you launch a new small business, you're probably excited and focused on your new venture. However, one of the most common reasons for small business failure is money management difficulty. If you're skilled in your business but struggle with bookkeeping and money management, you need to be prepared for the financial side of business management as well. Here are some steps you should take right away to get control of your new company's accounting.
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