Question by : where can i find a free help guide for small business tax preparation?
i have a small construction co. and would like to learn how to keep my taxes in order
Answer by KlemKiddleHopper
You must keep you income and expenses pertaining to the business in an orderly
manner – you must learn how to record these expenses and income so that you
can compute a net income from your construction operations -
You would be much better off if you kept the above information then have a
reputable bookkeeping service record your transactions for you – in the proper
manner – it is not that easy just to say “I want to learn” but doing it correctly
does matter a great deal. Tax laws are so complex and having someone to
do this for you and do it correctly will save you a lot of money in the long run
If you want to learn in the mean time – check with your local Federal Small
Business and they can help you learn and understand how to do your
bookkeeping – so many small business pay too much tax because they
are totally unaware of the deductions available to them -also a local
Community College course will help you learn how to do this.
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