As the year comes to a close and tax season approaches, it’s an important time to review your business’s finances. Planning ahead now can save you money and stress down the road. Here’s a checklist of important tax planning and financial steps to take when preparing for the new year.
1. Review the past year’s financial statements
Use this time to take a close look at your past income and expenses to see where you can improve or cut back. Revisit your business goals to see how well you’ve met them over the last year. A focused review will help you set realistic goals for the upcoming year...
