This past year was the first year that I was fortunate enough to work from my home. Working from my home has been a wonderful change for both personal and professional reasons. The only thing that caused a slight issue was the tax filing changes that I had to endure. The office in my home was now considered a tax deduction. I had to get some help learning how to deduct the things that are allowed on my federal taxes. If you are new to working from home and have a home office, this blog can help you learn what you need to know before tax time rolls around.
Filing taxes for your small business can cause a lot of headaches if you don't have a background in accounting. If you have no real experience with keeping good financial records and do not have a strong mathematical background, it can cost you a lot of money if the government decides to audit your business. Sitting down with a professional accountant is the best way to get your financial affairs in order and get you the maximum return on your taxes. Here are a couple great tips that can help you get the most for your small business.
A professional accountant is necessary for going over all the various tax loopholes that they can use to the advantage of your business. Visit Hy Appelbaum CPA for more information.Share
29 January 2016