• Common Mistakes Small Businesses makes when Filing their Taxes

    Filling the small business taxes is considered to be a very important process for every business.
    There are several mistakes small businessman make when filing the taxes. They are-

    Not filing or paying taxes on given time

    The major issue is that, some enterprisers think about the taxes only on the last day of the tax filing. If a businessman misses the deadline of the tax filing then the business will be punished a 5% penalty per month by the IRS which will forward to increase till the time the return is yield.
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    Business owners are making these mistakes day in, day out. The likelihood is that you’re making a number of them too. Simple, easy-to-apply and ready-to-go corrections to these financial, tax and marketing mistakes could save or make you $hundreds, EVEN $thousands.
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