As an entrepreneur, getting to the end of the year means it's time to begin getting your business expenses and income in order.
Thorough documentation is key, and hopefully you've been tracking things throughout the year to make compiling all necessary information easy on yourself.
Now, I'm no accountant, but doing your taxes doesn't have to be difficult, and with a little forethought now, you can make submitting your taxes smooth and accurate. Plus, there are plenty of affordable tax software packages out there that will guide you through the process so you don't get overwhelmed.
As I was researching available tax software packages, I came across the Best IRS Tax Refund website, which has a lot of useful information on how to use various tax forms and they even have several links to different online tax calculators to help you accelerate your tax education and year-end preparation.
One of the reasons using a tax software can make an entrepreneur's life easier is that it does the heavy lifting for you. In other words, the software guides you as to what information you need to plug in and it calculates everything according to what the IRS needs as you submit your taxes.
This is especially beneficial if you're a solo-entrepreneur who wears most all of the hats of your business. Utilizing software, virtual assistants and the like is how solo-entrepreneurs build their business "team" to get things done.
If you're looking to add to your "team" for tax time, you might want to check out this TurboTax discount coupon for up to $20 off Intuit's TurboTax software.
Posted by: Nick Venturella
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