Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Side Hustle, Accounting, Cash Flow, Solopreneur, Strategy, Tax, Virtual Assistant Marketing Mindset QuickBooks

70: Be Prepared To File Your Business Tax Return Whether You Are Starting A Business, You Are Self-Employed, A Solopreneur, Entrepreneur, Small Business Owner, Remote Bookkeeper, Or Virtual Assistant

02.09.2022 - By Chris Panek - CPA, Business Strategist & Business Coach For Entrepreneurs Growing Their BusinessPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

As a business owner, it is important to stay ahead of the curve when it comes to tax preparation. You want to make sure that you are ready for any unexpected decrease in expenses or increases in income so that you don’t have any surprises when it comes time to pay your taxes. The rules and regulations change every year, and if you are not prepared you could end up paying more taxes than necessary. In today’s podcast episode, I’m discussing a few tips for getting ready for your tax preparation. Another thing to consider is whether or not you have been taking advantage of all available deductions and credits regardless of if you are just getting started with your business, you’re a self-employed individual, a solopreneur, entrepreneur, small business owner, a remote, virtual, online or in-house bookkeeper, or a virtual assistant or VA. There are many deductions and credits available to business owners and they can vary. Listen in so that you can follow these tips, to ensure that your business is in compliance with the latest tax laws and that you are taking advantage of all the deductions available to you. It doesn’t matter if you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances, or if you are doing your bookkeeping manually with an Excel spreadsheet or even a Google document, this episode will be helpful for you...

Apply to join the Mastering Your Small Business Finances CEO Mastermind or the Elevate Your Bookkeeping Business GROW Mastermind group:

www.FinancialAdventure.com/Mastermind

Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping:

www.FinancialAdventure.com/5Essentials

Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here:

www.FinancialAdventure.com/ADP

Looking for an extremely beneficial online bookkeeping resource?  Join us in our Mastering Your Small Business Finances Membership where you can ask questions and get answers regarding your specific business.  We dive deeper into the topics on this podcast, provide additional resources and accountability:

www.FinancialAdventure.com/MYSBF

Fill out the Contact Us form or schedule a call if you have a question or need help with your bookkeeping or payroll:

www.FinancialAdventure.com/Contact-Us

Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path is waiting for you:

www.FinancialAdventure.com/StarterGuide

Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you:

www.FinancialAdventure.com/Discovery

Join Our Facebook Community:  www.Facebook.com/Groups/WomenBusinessOwnersUltimateDIYBookkeepingBoutique

Are you a bookkeeper looking to start, grow or scale your bookkeeping business?  Join our FREE bookkeeper community here:

www.FinancialAdventure.com/BookkeeperCommunity

QuickBooks Online - Save 50% Your First 3 Months:

www.FinancialAdventure.com/QuickBooks

Show Notes:  www.FinancialAdventure.com

This podcast is sponsored by Financial Adventure, LLC ~ visit www.FinancialAdventure.com for additional information and free resources.

More episodes from Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Side Hustle, Accounting, Cash Flow, Solopreneur, Strategy, Tax, Virtual Assistant Marketing Mindset QuickBooks