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5 Best Practices For Small Business Taxes

Your accountant ought to offer the ability to go beyond create financial statements and complete your taxes, says the co-founder of Accountants World and its CEO.

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5 Best Practices For Small Business Taxes

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  1. 5 Best Practices For Small Business Taxes www.etservicesva.com

  2. The running of a business can be difficult enough without adding the burden of filing taxes every year. The most important thing, according to experts is to work with your accountant all through every year and not only when you are preparing the tax returns. www.etservicesva.com

  3. Find the best accountant. • Your accountant ought to offer the ability to go beyond create financial statements and complete your taxes, says the co-founder of Accountants World and its CEO. www.etservicesva.com

  4. All income that is declared to the IRS Tax Representation. • The IRS obtains a copy the 1099-MISC form you're given to ensure that they match your income reported to the information they have about you. www.etservicesva.com

  5. Maintain accurate documents • Making sure you keep accurate and complete documents throughout the year can ensure that your tax return is accurate. www.etservicesva.com

  6. Separate your personal and business expenses • When the IRS Representation audits your business and finds personal expenses are mixed with business expenses regardless of whether or not you accurately www.etservicesva.com

  7. Manage Payroll Services • To save money some business owners select a less-known payroll provider and then discover that the company wasn't paying taxes on payroll for the business . www.etservicesva.com

  8. Essential Tax Services 13168 Piedmont Vista Drive Haymarket, VA 20169, 703-754-2601

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