Tax season can be a grueling period for any small business owner, sapping time and resources that you could otherwise spend leading your team or providing value to your customers. Luckily, there are simple steps you can take at the end of the year to position yourself for an altogether easier filing season — and potentially for a more tolerable tax burden.
Here are a few ways to be proactive about next year’s returns.
1. Consider deferring income
Trade service professionals usually prefer to invoice and get paid as promptly as possible. In some situations, though, it might be advantageous to save some
