The filing deadline for “S” and “C” corporations may be just a couple of days away, but it’s as good a time as any to take a look at small business tax issues.
Jamie Bsales at Small Business Computing offers a number of tips for small businesses at tax time. Here are 10 of them.
- Keep close track of all business expenses throughout the year and enter them into your accounting system in a timely fashion.
- As you work with vendors or outside contractors, anticipate which ones you will pay more than $600 to over the course of the year so you can send them 1099-Misc forms.
Read more: http://business.time.com/2013/03/13/10-tax-tips-for-small-businesses/#ixzz2NjmEGXFF
