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The golden rules to avoid a massive tax bill as a sole trader

Reckon

The relatively simple act of using separate bank accounts to manage your sole trader finances not only gives you one source of truth (when it comes to tax compliance) but means you can easily connect just your business accounts to your accounting software. 3) You need a second account for taxes only!

Tax 98
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Top Remote Accountants of the Week | August 22, 2024

Going Concern

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #22103110 Certifications: CPA Candidate Education: BS, Accounting Experience (years): 7+ years of overall experience Work experience (detail): 6+ years with CPA firms Mentoring and training the accounting team Tax return preparation for individuals, SMBs and Nonprofits Prepared monthly, (..)