taxes

Five ways to make tax season more manageable for your small business

Tax season isn’t the most eagerly anticipated time of year for most of us, and can often be an especially challenging period for overburdened small business owners. Whether this is your first time filing taxes as a small business owner, or your latest attempt to navigate the sometimes stormy waters of tax preparation, here are five things you can do now and in the years ahead to help reduce the strain and stress of tax season. A hint: it’s all about organization, and works best when you can give the task 12 months of occasional attention, rather than rushing to get everything done by the deadline. Split tax preparation chores into bite-sized chunks Getting ready to file your taxes can often feel a bit overwhelming - it seems like there’s more work than anyone could ever get done. Rather than trying to slay the tax preparation monster with one big swing, try to take it down slowly by splitting the job into manageable portions and tackling them over the course of a few days or a couple of weeks......