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Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season

PYMNTS

A significant number of firms — notably small- to medium-sized businesses (SMBs) — still use such systems, as 25 percent of smaller firms stated in 2018 that their payroll involved pen-and-paper methods. Unusual or unexpected expenses could also crop up each year. That more-measured approach is not necessary, though.

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