Tax season is coming sooner than you think. With that in mind MyCity4Her wants to help you be prepared and ready for it.
Here’s some of the top articles, and advice we found on the web recently – particularly pertaining to the 2014 changes.
If you know what you need to do, and what’s coming, that’s better than being clueless and searching frantically for what to do.
We hope this helps you out.
4 Top Tax Season related articles advice and preparation tools and tips we’ve found that may help you out.
#1.New Rules are Here.
There’s some new rules related to small business that you should be aware of – Outright.com has a great post on their blog that covers things like:
New Home Office Deduction Rules
and
New Depreciation Rules
#2. Ten Tax Tips from FreshBooks for Home Business Owners
Properly explains the intricacies of things like…
- Automobile deductions
- Entertainment expenses
and the role your Business Structure plays in the fun at time tax, among other useful tid bits. Read the article here.
#3. Wondering How to Choose an Accountant that is also an Adviser?
At MyCity4Her we know the key to success is a good team, the trifecta any smart business owner has to seek out is a great accountant, a great lawyer, a great banker – no exceptions. It’s tempting to want to work with your friend’s brother in law, or get a deal from a cousin, but at the end of the day who you choose to help you steer your business to success plays a big role in the outcome. An accountant is no exception. That’s why you have to pick a good one! And if you’re lucky they’ll be fun to work with and tax time won’t see like such a chore. Entrepreneur makes a great case for this and how to go about choosing one. Read the article here.
#4. Best Tax Prep Software (if you’re doing simple tax returns these can be useful)
Let’s face it, we believe if you’re in business you should be dealing with an accountant. As a rule, tax software is not what would be our first recommendation. However, if you’re looking to counsel a student, or your dealing with a very simple, straightforward return – perhaps tax software can help you accomplish your taxes. PC Magazine issues a great review annually of the most popular software available…to check it out click here.