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Nearing year-end

12/8/2013

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Well, now that Thanksgiving is in the rear-view mirror, it seems that the end of 2013 is hurtling towards us at top speed.  Time to be making plans to be as ready as possible!
Here are a few tips and reminders to avoid getting caught in the crunch.
  • Check your employees and vendors to be sure all of the data is complete and up-to-date for W2 and 1099 form preparation.
  • Have a special folder handy (this is good for your personal info also), marked 'Tax Stuff' so you have a place for all of the forms and bits information that you receive and gather as you go along.
  • Make copies of bills for capital purchases during the year, as well as any other major transactions made during the year, such as a sale of assets or a loan you have received.  Write down the date of any major events that affect your business, such as a major personnel change or change in operations.
That is all I can think of at the moment.   I will keep posting as the 'crazy'  season continues.


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