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

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

  • Three Creative Uses For Your Label Maker

    Label makers are incredibly useful tools for the organized home, allowing you to label shelves, bins, binders, and folders. However, they can be used in a wide variety of creative and decorative ways as well, making them indispensable. If you own a label maker, consider using it in the following ways: Combine Clear Label Tape with Washi Tape for Decorative Labels If you like the look of printed labels, but prefer that they match your home's color scheme, consider dressing them up a bit.

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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.