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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Every year business owners have to bear the burden of the tax season, paying taxes for income, payroll, property, sales, and so on. Look through your profit and loss report and research the applicable tax deductions for your business starting from work-related trips and ending with accounting software subscription purchases.

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From Filing to Deductions: Understanding Tax for Web Design Companies

Steve Feinberg

Failure to comply with tax regulations can result in a government audit of your finances by the Internal Revenue System. This can lead to monetary penalties as the government attempts to recoup lost revenue and punish improper bookkeeping or business practices.

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