It’s that dreaded time of year again—tax season! And as March 15 (deadline for partnerships, S-Corps, and LLCs) and April 18 (deadline for C-Corps, sole proprietors, and single member LLCs) looms, here are some tips to make your tax preparation go more smoothly. 4 Enlist a professional. Tax preparation can be tricky, and when you own your own business, large or small, it is important to make sure you’re getting credit for all your business expenses and disclosing all your income. From mileage and utilities to your cell phone bill and getting credit for usage of a home office, a cer ...
To Read the Full Article
Apply for ASHI Membership and gain access to hundreds of articles written by industry-leading experts, including a monthly subscription to the ASHI Reporter as part of your membership benefits.