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How Do I Pay Myself and My Taxes as a Sole Proprietor?

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Keeping detailed records of your income and expenses will help you identify when cash flows into and out of your business, and how cash flow may change over time. An online bookkeeping service will be able to take this task off your plate, saving you time and stress. So, how can you maximize your tax savings?

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Learn When Your Should Outsource Your Accounting

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Outsource accounting firms can often provide experience in unique areas such as: Personal financial planning and assistance. Forensic accounting. Managerial accounting. Tax preparation. The specialized skills of an outsourced accountant typically include experience in tax planning and preparation.

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