TikTok the time is upon us! The tax deadline is just around the corner!
If you’re not ready, you do still have options! The IRS has been merciful but let us not forget, the IRS is the MASTER of penalties and fines!
You may want to file an extension if you haven’t gotten all your firm’s financials in order. Five out of seven business owners and individuals pay over 70% extra in taxes than they should each year.
Business tax planning is one of the most important processes you can do to stay on top of your firm’s financial history throughout the year. Just the thought of doing taxes causes stress for many consulting firms because the accounting books are in disarray.
Don’t make costly tax mistakes because you feel the pressure to beat the IRS deadline!
Here are a few reminders to ensure you are in an excellent position to file: