Navigating Business Tax Returns: Insights from Solo Practitioners

As a solo practitioner contemplating a venture into the realm of business tax preparation, I find myself eager to gain insights from those already operating in this field. Specifically, I am interested in understanding the common challenges associated with filing tax returns for small to medium-sized businesses.

A question that often arises is whether these businesses typically engage a tax preparer separate from their bookkeeper. It leads me to wonder if focusing solely on tax returns, rather than managing both Bookkeeping and tax preparation, is a viable path.

If you have experience in this area, I would love to know what you consider to be the most frustrating aspects of handling business tax returns. Additionally, are there strategies or best practices you have discovered that could help mitigate these annoyances from the outset?

Your insights could be invaluable as I explore this potential new dimension of my career in tax preparation. Thank you in advance for sharing your experiences!