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Tax Planning Tips for Small Business

tax planning | tax calendarIt’s tax season.  If you don’t have a good handle on your accounting, this can be a stressful time.  Don’t take proper accounting and tax planning lightly.  It’s a very important part of running a successful business.  Don’t get overwhelmed.  There is help available.  Make the decision to take your tax planning serious.  Here are tax planning tips.

  • Consider using accounting software like QuickBooks to help keep track of your income and expenses.
  • Research to keep up to speed on new tax laws that effect small business.
  • Consult or hire a tax professional to make sure you get all of the deductions available for your small business.
  • Create a tax planning calendar to keep track of important dates and deadlines.
  • Review your tax structure of your business.  Each business structure is taxed differently.  Make sure your business structure is right for your business.

There are changes in tax laws for 2013.  Now is a good time to consult with a tax professional and put a strategy in place to prepare your business for the new tax laws and ensure a successful tax return.

Harper Resource Group business coaching professionals are committed to putting a plan in place that will help you achieve your business goals.

Set up an appointment today for a free business coaching session.

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