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We first want to wish all of you a very Merry Christmas Season. I for one am looking for a glimmering of great memories in such a crazy year. Hopefully all this craziness will be behind us in a few short months. In this issue of the Small Business Quick Reads please find some valuable information regarding some significant tax changes that will most likely affect your business this year and well beyond.As we get to most business’ yearend, making sure your books are “clean” becomes a much higher priority than during the rest of the year.We specialize in getting your books “clean” and restructuring your accounts so you can get timely and valuable financial insights about your business at the end of each month . So many business owners typically wait until their CPA/Accountant does yearend tax returns to see “How they did last year”. You don’t need
The Year End is upon us, and probably not soon enough for many.How did your business do this year ? Did your business reach the goals you were looking for in 2020? Looking forward, what do you want to do in 2021 better than you didn’t do in 2020 ?A mistake we often see is that small business owners treat their business as if it is just a “job” that has maximum job security, not realizing nothing is guaranteed. In 2020 this has become a stark reality to many.Many owners often treat their business so badly, its health and sustainability is compromised. Then when there is a business climate change, it suffers badly. Whether you have one employee or over fifty … having the right mindset and commitment to your business are critical to long term success.As the Owner, you are the CEO of the business. This position has
There are very good 3rd party Payroll Services that take the tax filing and report filing responsibilities and liabilities for you. This can free up valuable time and resources for you....