Charleston Business Finder had the chance to speak with owner, Brannon Montgomery, of Charleston based Coastal Tax & Accounting about a few quick tips for small business accounting and tax preparation. We hope you find this guide useful and be sure to check out Coastal Tax & Accounting for all of your Charleston CPA needs.
What's the most common mistake you find with Charleston businesses when it comes to taxes?
The most common issue we find is businesses not getting all of the deductions that they are entitled to.
What are 2-3 accounting tools every business should be using?
- Quickbooks Online
- Time Tracking for Service Based Businesses
- A CPA for tax preparation
Why do you recommend business owners use a CPA like Coastal Tax?
So businesses can focus on growing their business and leave the numbers to us.
What write offs do business owners often overlook in Charleston?
- Business usage of vehicles
- Depreciation
- SC Active Trade or Business Deduction
- Qualified Business Income Deduction.
Connect with Coastal Tax & Accounting
Coastal Tax & Accounting provides accounting and tax preparation services for small businesses in Charleston, SC and beyond. With locations in Charleston and Walterboro, they are easily accessible for all Charleston based businesses.
Address: Charleston area & Walterboro, SC
Phone Number: (843) 549-5561
