We are getting down to the wire and the end of the year is upon us. Soon we will be in the year 2019 (which sounds very futuristic:) and the tax season will be in full swing.
Are you ready?
According to a stat on Entrepreneur.com, “50% of small businesses in the U.S. spend more than 40 hours a year managing their federal taxes.” That doesn’t sound like fun at all.
Check out this short list to help you not become a part of this statistic:
Have a bookkeeping professional help you get your books in order.
Gather your receipts and supporting documents
Find a CPA that fits your personality & business
Here are some resources for you to check out to help you with these 3 checklist items:
CPA On Fire - Here is an article/video on how to find the best tax preparer for you.
Fit Small Business.com - Here is an article on how to find a bookkeeper who is right for you.
Startups.com - Here is an article on how to best manage those pesky receipts.
I hope this will be helpful to you as you wind down your year and get ready for the one ahead.
Keep it Sunny!