Cabin Business

Local accountants recently shared how small businesses can save money on business taxes and use good accounting practices.
Michelle Phillips, CPA, said a good place to start is keeping organized records.
“The majority of businesses in Conway are small businesses,” she said. “They may not even know where they are (financially). They may think ‘If I still have money in the bank, I’m OK.’”
Phillips suggested having an accountant do quarterly or year-end planning. Many business owners do not see their CPA until tax time, she said.

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