Tax season is here and if you’re like many small business owners, you may be feeling overwhelmed with everything you need to collect to file your 2021 tax return.
Luckily, there are a wealth of resources, and services, available to help you organize and get started! To help you better prepare, we wanted to share some best practices and tips from small business owners and accountants. From maximizing technology tools to separating personal and business finances, balancing your books to cultivating a relationship with an accountant, with a little planning and organization, you can help alleviate the stress of filing your taxes.
Here are nine tips for doing your business taxes and nine best practices for your tax prep and small business accounting.