As you prepare to file your tax return at the end of the year, you may be entitled to deduct operational costs that you paid to run your business. To ensure that you take the maximum amount of deductions that your business is eligible for, it is important to keep your financial books and records up to date. This will help you to identify deductible expenses and evaluate your expected tax liability. Doing this before the end of the year
Even if you’re not in the tech industry, you’ve most likely heard of the cloud. We’re not talking about the fluffy white ones that float in the sky, but rather it’s your spot on the internet where you do business. When you work in the cloud, you are accessing software programs, applications, and storage features through the internet. You will use a personal computer, laptop, or other connected devices to get to this information – it is no longer kept