Top 5 Tax Planning Tips for Entrepreneurs

It’s tax time again, if you did not plan well for 2015, set a goal to grow up your business this year.

  1. Organize your finances – business mileage and expense tools
  2. Hire a professional tax expert – especially if you have quarterly payments and payroll tax requirements
  3. Don’t mix personal and business funds
  4. Only set up an entity when it’s necessary
  5. Understand the major differences between contractors and employees and the rules