Being a small business owner is expensive as it is — every penny counts when entrepreneurs are living on razor-thin margins and fighting for market share. But owning and operating a small business is even more expensive when you pay more taxes than you owe.
Here are five tax savings to keep in mind for your business, as 2019 is already halfway here.
1. Utilize tax filing software.
2. Keep close tabs on all receipts.
3. Pay for your retirement now (and get payoff later)
4. Deduct your home office.
5. Deduct your car expenses.
You don’t need to make small business ownership more financially draining than it already is.
Call us for a FREE consultation on how we can help you get your finances in order so you can concentrate on running your business