How Small Businesses Can Start Preparing for Next Tax Season Now
Tax Day 2020 has come and gone, but it's never too soon to start planning for the next tax season. Based on your business type, you might have a different deadline than April 15, 2021 for your next tax return filing, so it's important to work on your tax planning all year-round. Here are three simple things you can do now to start preparing for the next tax deadline. 1. Keep a tax document checklist and calendar. For many small business owners, paperwork and record-keeping is one of their least favorite tasks. Between managing employees, assisting clients, and more, it’s easy to let...
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