Getting Ready for 2011 Tax Return Preparation

We are approaching 4th quarter, which is always exciting because sales are normally very high for all arts and crafts businesses.  However, that means we are also on the countdown to closing our accounting books for the year.

As you start organizing books and records for your tax return preparation, you may want to review some of my articles on the subject:

• Tax Considerations for Arts and Crafts Business Owners
• Donating Surplus Arts and Crafts Inventory
• Arts and Crafts Hobby Loss Rules