Friday, March 27, 2020

Taxes due on 1yr old POOL SERVICE BUSINESS anxious do we have to pay back alot for small business?

Mee Blumenfeld: I recommend this book, it was written by a former IRS Auditor who actually wrote some of the laws."Lower your taxes, big time"

Javier Holsonback: As a small business owner please allow me to give you two pieces of advice. 1. keep every receipt for ANYTHING you buy for the biz. You will be surprised at what will help reduce the taxes you owe. Every dollar helps.2. Have a professional do your taxes. Last year just for the heck of it. We bought a tax software program and did the taxes ourselves and then took everything to a pro. We paid $175 for their fees and they saved us another $1105.00...Show more

Charis Deguzman: That relies upon on how a lot you produced from the employer after expenses. you would be smart to have a CPA prepare the tax return, a minimum of for the 1st year. do no longer take this to someplace like H&R Block. in case you or your husband do the return your self, you need to fairly miss some issues that a CPA might %. up on.

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