As tax season approaches it is necessary to be prepared in order to get the proper tax deductions. As a small business owner, you may not be an expert in tax preparation, but it is important to know the basics about taxes. Take the time and understand how taxes affect your business, how to file, and take advantage of the proper tax deductions.
Make sure to keep good records, be specific and label every tax deduction you claim. Wondering what deductions you may be missing? Check out the infographic below. Remember, contact a Certified Public Accountant (CPA) if you have questions about filing your taxes.
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Andrea enjoys helping others as an Operations Analyst for the U-Haul Self-Storage Affiliate Network. Along with her duties as an operations analyst, Andrea manages the U-Haul Self-Storage Affiliate Network’s social media pages. She is currently studying at Gannon University earning her MBA in Marketing and has previous experience in marketing and event planning. In her free time, she enjoys going bowling and has recently hit her highest score of 150.
Small Business Health Care Tax Credit for Small Employers