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Old 07-31-2011, 12:51 PM
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DeannaAmber DeannaAmber is offline
Full-time Mompreneur
 
Join Date: Jul 2011
Location: NYC
Posts: 1,381
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In a nutshell, you keep receipts of EVERYTHING business-related & bring it with you when it's tax time. Make sure to have a savings account with a little bit of *reserves* just in case you owe a little bit on taxes. While owning a business HELPS many peoples financial situation, come tax time, I don't know your personal situation & it's better safe than sorry, right? I'm sure Mike & Julie gave you tons of awesome advice.

I took a tax class & the truth is, if you do what I mentioned, you'll be A.O.K. Find a good tax person & after a half hour your numbers will be taken care of
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