Are you contemplating doing taxes for your small busines? If so, you may want to hire a Tax Professional to help you optimize your return and as importantly save yourself a lot of time.
The Wallstreet Journal recently reported on the benefits of hiring a tax professional.
A few key points listed include:
- Business Tax returns are complex. They include a vast number of rules and options that frequently change.
- There are a number of deduction options that entrepreneurs may not realize, especially if running a business out of their own home, such as a $10,000 deduction for start up expenses when filing the businesses first tax return.
- Conversely, not every resource purchased to get a business up and running qualifies as a business expense.
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If you are in a similar situation, please contact us to see how we may be able to save you money and time.