Why do so many successful business owners have tax issues? Entrepreneurs at the beginning wear so many hats. They are doing the actual work, getting the clients, doing the sales and marketing, hiring people, serving as the HR department, doing inventory, getting supplies, materials and MANY MORE. With all these tasks at hand, one thing that can easily fall behind is their taxes.
Keeping books up to date is often put aside, especially if the business owner does not know how to keep a good record. And then, when time becomes tight, and they need to file, they don't have the money to pay. What happens? This starts to create a snowball effect. It can happen one year or two years in a row, and then it becomes a 5-6 figure tax debt. So what do you need to do to resolve it going forward? You need to first come up with a plan to get everything filed and deal with your taxes prior. Most importantly, you need to develop a system to ensure that you don't fall behind.
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Let me help you solve your tax problems so you can sleep better at night. Schedule your free consultation with me at 201-479-2572 or visit www.201tax.com.
