InvoiceBerry Tips for for Freelancers & Small Businesses 7 Small Business Accounting Hacks for Success | Page 7

4. Determine Your Taxes
As the owner of the business, you need to stay on top of your
taxing responsibilities because:
• it will help you avoid any taxation and legal problems
• you may be eligible for tax benefits
• your account will have an easier job
Lacking appropriate taxation will kill your business sooner or
later. Avoid legal and tax authority problems by getting ahead of
your tax responsibilities now.