Tax filing issues are often problematic for small business owners. This is often due to the simple fact that they have not kept up to date on current tax laws. One issue that can be particularly troublesome is business deductions.
2016 is shaping up to be a busy year for you and your family. Your responsibilities to your children, job and house never seem to lessen. Although autumn is just beginning, you know that Christmas and New Year's Day will arrive in a blink after Halloween. When those W-2s are delivered, you know that you should track down your deductions, organize your financial accounts and commit to filing as soon as possible. Unfortunately, you usually have the deductions dispersed throughout the house and your financial paperwork is a mess. You have until April to file your taxes, so why sweat the details in January?