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It’s Tax Prep Work Time!

December 26, 2017 by OSYB Staff

If you own a small business, you can take advantage of some weighty tax deductions, but you do need to know what they are and that is where consulting with your accountant regularly can go a long way to give you the best tax credits.  Small Business Profit Explosion shares  a short tax checklist for your end of the year preparations:

  • Capital expenses and equipment
  • Fully fund retirement plans
  • Hiring
  • Equipment repairs
  • Charitable donations

If any of these tax credits apply to you, make sure that you have collected all the appropriate documentation needed to share with your tax professional.

Find out more:  A Small Business Tax Checklist For The End Of The Year

Image Credit:  Deposit Photos

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