Top 5 Tax Planning Tips for Entrepreneurs
It’s tax time again, if you did not plan well for 2015, set a goal to grow up your business this year.
- Organize your finances – business mileage and expense tools
- Hire a professional tax expert – especially if you have quarterly payments and payroll tax requirements
- Don’t mix personal and business funds
- Only set up an entity when it’s necessary
- Understand the major differences between contractors and employees and the rules