This checklist series lays out a recommended timeline to take care of crucial accounting functions that will keep you attuned to the state of your business.
Choosing an accountant is like choosing a new business partner. The right accountant will become a trusted colleague you can depend on, who offers advice and guidance as your small business grows. So what are the top things you need…
Use your own car for business purposes? You can claim a portion of the car’s operating expenses as a tax deduction against your business income.
Accountants can help out at various stages during the growth of your business. They can handle much more than just your payroll and tax returns.
If your home office is your sole place of business, or if you regularly meet clients or customers there, you can generally claim home-office expenses.
Looking for guidance as a small business when it comes to missing the tax deadline? Then see our tax guide for small businesses to learn more.
If you bought, sold or disposed of any capital assets in the company during the year, you must account for it in your tax return. Your accounting software will allow you to print out a list of all of your…