Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches

Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches

  • Three Types Of Personalized Engraved Cutting Boards To Give As Gifts

    Thinking of a personalized gift to give someone special in your life can make for a happy moment for both of you. If the person enjoys cooking and hosting parties, one idea for you to consider is a cutting board — but not just any average cutting board. Upon choosing this implement, you can take it to a personalized engraving store and have a special image, series of words, or even an emblem engraved onto the surface of the board.

  • Tips To Help You Select The Right Property Management Company To Hire

    If you want to grow your wealth, investing in residential real estate is a wise choice. Many people purchase residential property and rent it out to tenants while the house appreciates in value. However, being a landlord can be quite time-consuming, and it is not uncommon for real estate investors to not have enough time to do everything that a landlord needs to do. When you are in this type of situation, a simple solution is to hire a property management company to manage your properties for you.

  • Hitting The "Pause" Button — Storage Tips For Moving Abroad Temporarily

    Do you have the opportunity to move abroad for a period of time? The chance to live in another country is one that doesn't come along often and many want to take advantage of when they can. If you find yourself with this rare chance, here are three tips for packing up and leaving your current life in limbo.  1. Store Rather Than Sell If you can move elsewhere for a year or more, you may be tempted to purge your belongings.

  • Storm Protection: How Do You Keep Your Family Sheltered?

    A number of powerful storms can occur during the year, including tornadoes and hurricanes. If you worry about keeping your family and pets safely sheltered during the storms, you want to take some type of action now. Learn how you can keep your loved ones safely sheltered during storms below. Take Care of Your Property Storms can produce excessive winds, torrential rainfalls, and even powerful hail. Any of these weather conditions can potentially damage your home and property.

  • 3 Reasons To Convert Your Excel Spreadsheets Into A Database System

    Are you still using Excel spreadsheets to manage your company's important information? There is always room for a spreadsheet in business, but you should seriously consider converting your spreadsheets into a database system. Here's why: Accommodate Multiple Users at Once One good reason to have your excel spreadsheets converted into a database system is to be able to accommodate multiple users at the same time. When managers need to edit an excel spreadsheet, they can only do so one at a time.

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About Me
Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches

I have been a business owner for years, and I want to share some tips for success with new entrepreneurs out there who are struggling. I have had my share of business ups and downs, but there was one lesson that it took me way too long to learn: Good financial record-keeping year-long keeps tax time from being so stressful. During my first year in business, I kept most business expense receipts, but when tax time arrived, I found out that I needed to save much more than just those receipts. Thanks to technology, I was able to recover most of the documentation I needed, but it was a huge headache. I quickly invested in good record-keeping software and it made tax time much less stressful during the following years.