If you operate a business that is formed as a partnership or S-corp, March 15 the deadline for filing your business returns is around the corner. For individuals, the tax deadline falls on Tuesday, April 18, 2017. As you start to reconcile accounts and gather your papers, we have a few suggestions … Read More
Small businesses often are forced to do so much more with far less resources. The question is often posed: "How important are my small business accounting records?" Records require time for filing, organizing and space. Time and space are the two things small business owners have in short supply. … Read More
Business owners need to know which small business records to keep and for how long. The IRS suggests keeping supporting documents that provide validation of your business. To understand what qualifies, think of your small business records in these categories. Documents that demonstrate income In … Read More