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What are the best tax filing tips for small businesses?
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1. Maximize deductions
 • ensure that you’re taking advantage of expenses like travel and entertainment that are tax-deductible for small businesses.
2. Keep accurate business records
 • accurate records are essential for filing taxes correctly, so keep a clear record of all business expenses, income and other important information.
3. Look for tax-saving opportunities
 • research the different tax credits, deductions and exemptions available to help reduce your small business tax burden.
4. File an extension
 • An extension on filing your taxes can provide you with extra time to make sure you have all the forms and information necessary.
5. Hire an experienced tax professional
 • consider hiring a qualified tax professional to help you identify strategies to minimize your tax liability.