The tax season is upon us. It is time for small-business contractors to gear up for it and also prepare for next year already.
Only 0.5 percent of federal tax returns filed by small businesses in 2016 were selected for examination, but contractors should still take a couple of proactive steps to fully audit-proof their business.
Invest in the cloudSmall-business contractors who have not already invested in cloud-based software are way behind. Transitioning a small business’ bookkeeping and accounting processes to the cloud can provide a significant boost to the entire back office. The cloud allows businesses to save hours
