LyfeAccounting

FEBRUARY 9, 2021

As an example, if you are the sole owner of an S-Corp, and the business suffered a loss of $10,000, you would be able to take a $10,000 deduction on your tax return , meaning the loss can offset any other income that you received. Tax Benefits #3: Low Risk of Audit. Since 2010, S-Corp audits have dropped about 34%.

Tax 52

Tax audit New Hampshire income tax 52

Steve Feinberg

MARCH 15, 2023

Tax Compliance Good record keeping allows for accurate tax calculations, ensuring there are no surprises when it comes to your tax bill and protecting you in the case of audits. Whether you file taxes yourself or enlist the help of small business accounting services , all income, expenses, and other information must be accounted for.

bookkeeping 52

bookkeeping Construction New Hampshire accounting and finance 52

Steve Feinberg

OCTOBER 31, 2022

If you lack the time or resources to handle your own accounting, worry about the potential for audits or the accuracy of your tax refund, or simply need a second opinion on lost productivity, you may benefit from employing an accounting firm with experience in landscaping bookkeeping.

bookkeeping 52

bookkeeping Construction New Hampshire tax return 52