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THE ADVANTAGES OF HIRING A PROFESSIONAL FOR YOUR INCOME TAX: TIPS FOR ANY BUSINESS SECTOR
from CBT | The Agriculture Issue 2023
by The COMO Companies Magazines | COMO Magazine | COMO Business Times
By Alicia Hendricks alicia@accountingplusinc.com
F rom agriculture to technology, running a business in any sector is a complex task. Amidst a myriad of responsibilities, income tax preparation often appears as yet another daunting chore, but it doesn’t have to be. Engaging the services of a professional tax preparer can alleviate your stress and potentially unlock substantial financial benefits.
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1. Decoding the tax maze: The tax code in the United States is notoriously intricate, with a staggering array of credits, deductions, and specificities for different sectors. A tax professional, well-versed in these complexities, can guide you through this labyrinth, ensuring you don’t miss out on any potential savings.
2. Freeing up time: Managing a business, irrespective of its field, is time-demanding. Delegating the task of income tax preparation to a professional can free up your valuable time, allowing you to focus on what you excel at — managing and expanding your enterprise.
ALICIA HENDRICKS EA, ABA Tax Manager
Alicia has more than 18 years of tax experience, and she’s been at Accounting Plus for more than a decade, where she is both an enrolled agent and an accredited business advisor. Alicia helps our clients with a variety of services, and she enjoys the multi-faceted aspect of her work. In her free time, Alicia enjoys running and lounging by the pool with her kids. She also supports Head for the Cure MidMissouri each year.
3. Mitigating risk of errors: Mistakes in tax filing can lead to penalties, fines, or even an undesirable IRS audit. A tax professional can help mitigate the risk of errors, giving you the assurance that your taxes are being handled correctly.
4. Strategizing for the future: A tax professional’s role extends beyond just handling current taxes. They can provide strategic advice for future tax planning, helping you to comprehend the financial implications of various business decisions and plan for potential changes in the tax code.
5. Utilizing advanced tax software: Professional tax preparers have access to the most up-to-date and comprehensive tax software. Using this software, preparers can uncover deductions and credits that might otherwise be missed.
While self-managing your tax obligations may seem feasible, the benefits of engaging a professional are significant. As a business owner, your core focus should be on refining your product and growing your business. Let a tax professional navigate the complexities of your income tax. It’s an investment that can save time, reduce stress, and potentially yield considerable financial returns.
Gather a group of your friends , family , or co-workers and form a team for the Columbia Walk to End Alzheimer's!
The Walk to End Alzheimer’s is more than just a one day annual event. It is a local movement to promote continuous support, awareness, and funds to help end Alzheimer’s. Get your team started today and help make a better tomorrow for our entire community!
We’re back at Faurot Field, Saturday, SEPTEMBER 30TH!
9 :30am Registration/Activities Start
11:00am Opening Ceremony
11:15am Walk
TO REGISTER, VOLUNTEER, OR DONATE, SCAN THE QR CODE OR CONTACT CHRIS COTTLE AT CCOTTLE@ALZ.ORG
Spreading nourishing roots throughout the community.
BY TAYLOR AMBRA
PHOTOS BY BERNADETTE CREHAN
Horticulture is the science and art of growing fruits, vegetables, owers, or ornamental plants, and it’s what drives the Columbia Center for Urban Agriculture (CCUA) to produce fresh fruits and vegetables for the community. It’s a fundamental understanding of the importance of nourishment from seed to plate.
CCUA also recognizes that developing agricultural skills to connect individuals with the land helps continue farming and cultivation for future generations. Lexi Linsenman, CCUA development manager, says the nonpro t works year-round to provide produce while promoting skills for gardening, agriculture, and cooking