What is a month end close process? The month end close process involves recording, reconciling, and reviewing all business transactions and finalizing the account data for the month. Here is the information you need for your monthly closing process: Make sure to capture all financial data for the month. Your month-end workflows will depend on […]
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A tax deduction (or “tax write-off”) is an expense that you can deduct from your taxable income. You take the amount of the expense and subtract that from your taxable income. Essentially, tax write-offs allow you to pay a smaller tax bill. But the expense has to fit the IRS criteria of a tax deduction. Below
17 Big Tax Deductions (Write Offs) for Businesses Read More »
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