If You're A Business Owner who Just Started On Your Taxes You Need these Tips
For most business owners, it has been tax season since early January and most business owners in Knoxville spent a lot of February breaking out the emergency plans and the salt keeping your parking lots open.
You've been in the process of getting and correcting information with your bookkeeper and making sure everything is properly accounted for.
You've already got everything into your CPA and they are making progress on reviewing your books for 2014 and figuring out exactly how much you owe the IRS or how much the IRS owes you.
However if you are still in the process of compiling bank statements, reviewing your payroll and cleaning up your books so your accountant can make sense of them then you may also want to consider filling an extension on your tax return and sending it before October 15th instead of April 15th. You'll buy yourself and your CPA time to make sure it's all correct. If you've just started on your taxes and you are planning on filing by April 15th you may find these tax tip blog posts below helpful.
4 Tax Tips Blog Posts
- Post Year-End Tax Tips & Strategies
- Small Business Tax Tips: Getting Your Small Business Through Tax
- Ministers, compensation and the IRS
- 1099 time is sneaking up quickly!