Year-end is just around the corner and if you are like most small business owners who handle their bookkeeping themselves you are already thinking about your business taxes and looking for online tax advice or an advice tax professional to help process your company’s taxes. If so, you have come to the right place because not only will we locate and refer the best advice tax professional for your small business, we will save you both time and money in the process. Our advice tax research team will do the necessary legwork of finding an advice tax professional with screened prospects for your small or medium sized business and our advice tax professional referral service is completely free for you.
How Our Advice Tax Referral System Works
We match small and medium sized businesses with an advice tax professional that is best suited to the company’s requirements, in regards to services needed, price, credentials and geography. We understand the difficulties small business owners experience when searching for an advice tax expert and we also understand the difficulties advice tax professionals experience when searching for clients who need their specific services. We are sales and accounting professionals, sponsored by AccountantsGuaranteed.com, that help both small business owners and advice tax specialists in exchange for market share. Everyone wins with our expert and unique advice tax referral service!
Tax Advice To Keep In Mind
Human Companies, Inc. is based in Boston and is a small business support group whose primary focus is on providing free advice tax professional referrals at no charge to small business owners. Since the tax code is complex, here are two of the most common small business tax mistakes and how to avoid them:
- Depreciation of Capital Expenditures –The IRS permits most small businesses to write off capital expenditures up to $24,000 for tangible personal property in the year it was purchased, such as office furnishings and computers. If you choose this method of expensing the cost then these purchases must be reflected as capital expenditures. If purchases are not reported correctly, and for example are classified as supplies, the IRS may decide that you are not entitled to the deductions.
- Receipts less than $75 – While the IRS doesn’t require a receipt for entertainment and meal expenses less than $75 you will still need a record showing when and where you went, who you were with and the relationship (for example, client dinner) and the business purpose for the expense. Credit card receipts are the easiest because all of the basic information has already been printed on the receipt (date, name and address of the establishment and the total cost). You can quickly and easily write the names of those in attendance, the purpose and relationship.
Due to the fact that the IRS doesn’t provide leniency for errors on business taxes many small businesses opt to utilize the services of advice tax professionals. Not only are tax advisors familiar with the tax code, advice tax specialists are experienced in completing your business tax documents in a timely fashion. What might take small business owner days to complete; a professional tax service can process in a matter of hours. Granted there is a cost when you use the services of an advice tax specialist however many small business owners feel it is a worthwhile expense.
Human Companies, Inc. offers no professional advice and no statement here should be interpreted as such.