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Corporate Tax Return Prep

Corporate Tax Return Prep

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Archives for May 2019

Tips for Accurate Recordkeeping for Small Businesses

May 13, 2019 by Alex Franch, BS EA

When maintaining accurate recordkeeping for small businesses, precise records will make things much easier. Best practices include reviewing the business improvements and progress. Another thing to always do is monitor expenses, along with pinpointing where your income sources are. Next, make it a habit to look over financial statements. And finally, prepare tax returns and keep all source documents for items on tax returns.

Filed Under: Business Expense Tagged With: creating maintaining business records, employee records, Recordkeeping for small businesses

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