December is a great time to evaluate your year-end tax situation. As a new business owner, I have really had my eyes opened about how complicated tax rules are. My daughter, who is a CPA (and an IRS agent) tried to tell me to keep better records. Next year I’ll know!
So, consult an expert to tune up your financial situation and look at your tax liabilities. It may be too late for this year, but you’ll be one step ahead for next year. My business related New Year’s Resolution: stay on top of our finanical record keeping!