Business checklist for today: Set up a retirement plan for 2014 (if desired); hold your annual corporate meeting; pay all outstanding bills to maximize write-offs for 2014 if you’re on the cash basis; close your books; and celebrate the New Year!
Don’t forget … for essential year-round tax planning and critical business strategy, you’ll want your copy of J. K. Lasser’s Guide to Self-Employment: Taxes, Tips and Money-Saving Strategies for Schedule C Filers - available on Amazon!
