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Tax trouble? Avoid these 10 common — and costly — mistakes

from Entrepreneur

Sound tax and accounting procedures are essential to growing a financially secure company. Unlike individual taxpayers, who habitually wait until April to get their information in order, businesses have to maintain accurate records and workflow year-round. But multiple hiccups — from simple human error to rampant technology adoption — threaten the accuracy of these processes, elevating the risk of compliance penalties and harm to your reputation. more

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