Yoneda: Once taxes are filed, it's a good idea to reflect on any items or issues that made the 2013 tax return burdensome. Were you unsure of total income? Was it difficult to categorize expenses? Consider accounting software that will assist you with that throughout the year."
Bookkeeping might sound like a dated procedure, yet the importance of record-keeping in the preparation of taxes can’t be stressed enough, especially for small businesses. However, that doesn’t mean businesses have to stick to archaic record books to keep tabs on their transactions. Business owners should utilize computer programs such as the handy Peachtree Complete Accounting series of software to handle bookkeeping tasks.