January 17, 2019
The combination of running a business and your life and preparing for tax time can drive some people into a slight panic. But no need to get stressed if you are prepared. Now is the time to start organizing all documents required to file your tax return.
Also, consider going completely digital this year. Start by scanning in your paper receipts and other source documents and organizing them within a dedicated online folder. When the time comes, all you’ll need to do is upload your digital documents for our team.
The checklist below will help you start to compile the basics:
Feel free to contact us with questions. We are here to help make tax season as stress-free as possible for you!
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community:
According to Forbes.com, Super Bowl viewers traditionally load up on millions of pounds of less-than-healthy foods during the big game—including ribs, pulled pork, tortilla chips, nuts, popcorn and bacon—all washed down with beer (the Super Bowl beverage of choice). If you are trying to stick to your New Year’s resolution to eat better, consider a few healthy substitutes for the traditional Super Bowl eats:
When you work an 8-5, there’s a lot of time spent in the office with your head down. Rarely do you have time to chat with coworkers and reminisce about your weekend or discuss what fun things you and your family have coming up. There’s simply no time for this in many workplaces, and it’s especially true for those who work in the Tax/Accounting Industry. In December you’re planning Year-End strategies, and January-April, you’re hitting the ground running with tax season. This is why it’s important to take time out of the office as a group.