Taxes for first year of business

by M1ssN0b0dy. Posted on Sep 11, 2020    1    2


This is my first year as a business owner. I'm nervous about taxes, with the end of the year coming up. I'm going to say my fear comes from the unknown. I do my own taxes every year but beyond that I'm clueless. I plan to hire someone to do my taxes, personal and business, this year. But I still can't shake the feeling that I'm missing something or going to have something messed up. Any advice or personal experiences would be greatly appreciated.


Comments

GearsNimports 1

Just keep records of all your sales and receipts of all expenses. Meet with a cpa early, it will be a lot easier if you don’t want until February when all the CPA’s are getting slammed

Heatheranny2020 1

Hurdlr helps me with mileage tracking income and expenses. Super easy to use. Aa long as you're putting away monthly you're good