END OF THE YEAR:
This week is the end of both the month and the year so please get all your transactions for 2017 in so all BTE Members will have accurate records. The BTE offices are closed but we will pick up the mail on Friday and Saturday then will close the month and the year. Remember you do not have to mail in transactions you can do them on your computer and be paid as you do the transaction.
IF THE FOLLOWING ADVICE IS TOO LATE FOR 2017 START PLANNING FOR 2018.
FINISH 2017 STRONG!
You can't deduct what you have not paid!
Make sure all business related expenses and
purchases are posted THIS WEEK.
Remember all work related purchases expenses and fees are tax deductible and with the recent tax law changes these deductions are more valuable to you in 2017 than in 2018!
Take a moment to login and scan your account to make sure you have paid for all items and services!
Any transactions you miss could cost you nearly 50% in CASH (your combined federal and state income tax for 2017)
Don't be "that guy" that over pays his taxes!
*Remember, trade expenses are JUST as tax deductible as cash expenses! Minimize your tax burden this year
and pay any invoices before year end