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

Reckon

Before we look at avoiding a tax bill, follow one golden rule: Never use your personal accounts. Always use business bank accounts. As soon as you mix personal and business accounts and cards, you’ll have a seriously tedious task ahead – separating out all of your business expenses from personal expenses come tax time.

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, (..)