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Small Business Tax Preparation for Home-Based Businesses

BY Eddy Hood IN small business tax preparation ON Nov 17, 2017 WITH Be the First to Leave a Comment!

 

 

Many small business owners run their operation from home because it’s easy to set up and maintain. However, when it comes to keeping track of expenses for tax purposes, things can get a little complicated.

The IRS doesn't always make it simple to figure out personal vs. business expenses. And this makes the whole process of small business tax preparation challenging for home-based businesses.

With these considerations in mind, we’ve put together the following guide to walk you through the key home business tax deductions and best practices to help you survive tax season.

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A Guide To Small Business Tax Preparation

BY Eddy Hood IN small business tax preparation ON Oct 31, 2017 WITH 1 Comment



 

When it comes to your small business tax preparation strategy, you may be asking yourself questions such as, “What additional savings am I missing out on?” Or, “How can I reduce my chances of being audited by the IRS?” And, “Should I hire a professional or do my taxes or prepare them myself?”

 

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