17 Ways Companies Can Prepare For Next Year's Tax Season
Most importantly, companies should prioritize accurate year-round financial reporting in order to get ahead of the end-of-year timing crunch.
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Most importantly, companies should prioritize accurate year-round financial reporting in order to get ahead of the end-of-year timing crunch.
When facing a downturn, cash is king! That means you need to slash expenses that are not generating income. It also means you need to tap financing before it's too late.
Keep your books updated every single week and have a "money date" with your business and personal finances.
Unfortunately, no one has a crystal ball, but leaders should ask, "If I don't pay back the loan, what is the cost of the collateral I pledged?"
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