Self-employed tax filing|The unemployment rate is extremely high, but there are more and more self-employed small businesses! What to do when filing taxes for self-employment?

The special year of 2020 has caused many people to lose their stable jobs. Whether they are willing or not, they are unstoppable and try their best to use their knowledge, abilities and resources to become small business owners.

No matter how your business is doing now, whether you make money or not, there is one thing that you must not be vague about: that is tax filing. In order to clarify the income and expenditure of your business, it is still very important to take some time to understand the self-employed small business tax filing. Although the principle of how self-employed people keep accounts is simple, the actual operation is cumbersome and requires individuals to make good budgets, plans and tracking records. In order to make the accounts more clear at a glance, you can use the QBO software we mentioned earlier to efficiently record monthly income and expenses. However, we would like to remind you that QBO is just a software after all, and it needs to be issued the correct instructions to generate accurate calculations. In order to save you more time and worry and avoid unnecessary losses.

 

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