The very last thing you want as a business owner is to be on the bad side of the IRS. You don’t want those guys calling, you don’t want them knocking at your door and you certainly don’t want them rooting around in your deductions. To keep the tax man/woman/person at bay, it helps to follow the proper tax laws from the get go. Check out our blog for some important tax tips for first time business owners before your first tax season.
accounting and taxes
It is always good to start planning for tax season by the end of the year. Not only do you want to make sure that your taxes are in order but you will want to make sure that everything is set to be out in the next month or so for your employees as well. Are your taxes already for your CPA? Check out some of our tax and accounting tips that you can apply to prepare in advance for 2014.
With two absolutes in life – death and taxes – you can try to hold off the grim reaper as long as possible, but you will never be able to hold the tax man back. The tax man cometh, whether your business is prepared or not.