Words of wisdom from the tax experts
Happy Tax Time everyone! Here is a round up of some of the most popular FreshBooks blog posts to help you navigate this tax season. These articles cover prepping for your taxes as well as tips and tax strategies to make sure you’re getting as much out of your taxes as possible! You can also check out the FreshBooks Tax Time FAQ if you’d like more information specific to your FreshBooks account. **An Easy Tax Preparation Checklist** Use this checklist to make sure that nothing slips through the cracks and that you’re ready to rock when filling out your return **5 Steps to Getting Your Taxes Together** When the time comes to start organizing your records for tax time these 5 easy steps will help keep it smooth and simple. **3 Tax Strategies to Save Your Business Money** ********Follow these three strategies to make sure that you have positioned your business to save as much money as possible on your return. **3 Best Practices to Avoid the Audit** ****While some audits are random and unavoidable, these three tips will help you avoid the dreaded tax audit. **How Long Should I Keep My Tax Records?** After you’ve gathered up all your records, how long should you hold on to them? The answer can vary depending on your location and situation. **Filing Late? Here’s What You Need To Know** No matter how much you try to avoid it sometimes you can’t help but file late. Here’s what you need to know about the penalties you could face and how to avoid them.
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