Profits, depreciation, travel costs, healthcare, startup costs, training expenses, charitable donations – all these and more represent little numbers on a page that can save you money if you have your books in order when the “Revenue Man” comes a calling in the next couple of months. Rules and paperwork vary significantly from one country to the next, however most do employ many of the same basics.
For those of you with businesses based in the good ‘ol “US-of-A”…
It’s crunch time!
If you don’t have your tax paperwork in order, then you’ll be in for a real slap in the face when business resumes full-swing in the New Year, and your accountant starts hassling you for the receipts from that big move you made to a new location this year, so they can deduct it from your individual 1040 return.…Continue reading