Time for two critical end of year accounting tasks: mileage and inventory.
Use your vehicle for business? Write down your mileage at the beginning of the year. Learn more about deducting business use of your vehicle.
Sell products? Take an inventory of all products on hand at the turn of the year. Make products? Inventory your raw materials. Learn more about inventory and cost of goods sold.
Happy New Year! Take the actions now that will make it a great one in your business.
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