Tax season is here and it’s important that you and your business are prepared well before the deadlines. We wrangled the Accounting Troops and asked our small business accountants that they provide us with some useful tax filing tips to ensure you get the best return possible.
General Tips: – Always itemize your deductions if you exceed the standard deduction threshold. – Review the tax documents you gave to your tax preparer last year to ensure nothing is missing from your current year documents. – Inform your tax preparer of major changes from last year that may affect your tax return. Changes include moving, new dependent, marriage/divorce, new job etc.