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

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

  • Elderly Parents Moving In? Here Are Two Tips For Getting Your Home Ready

    As Baby Boomers age, many are finding it more cost effective to live with their adult children. While there are many benefits to having your parents move in with you, making room for them in your home can be challenging. Here are two tips for preparing your house to meet the needs of your elderly parents. Turn Their Room into a Comfortable Retreat Your parents have likely lived independently for decades, so moving in with you may have a negative impact on their self-esteem, especially if they are suffering from health problems that have robbed them of their mobility or mental acuity.

  • Specific Times When You Need A Home Electrical Inspection

    Modern home electrical wiring is safe and efficient -- when installed correctly and used correctly. If you are looking at buying or are currently living in a home where the wiring might not be the best, you do need to have electrical inspections done at certain points. Home wiring usually is built to last. But there are extenuating circumstances that call for intervention. Because bad wiring can lead to fires, this is not something you want to ignore.

  • Furnace Not Working? 3 Reasons Why Your Unit May Not Be Getting Power

    Gas furnaces need several things to operate properly, and power is one of them. If your gas furnace isn't getting power, it likely won't do anything at all if you have a newer model. It will just sit there silently as the house gets colder. Some older models may still light, but the blower won't come on. How can you tell if your unit is getting power? Most newer units have an indication light that will turn off if power is disrupted.

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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.