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Finance

Doublecheck Your Company's Records for Tax Savings

Be sure you still own what you're claiming.
1 min read
Opinions expressed by Entrepreneur contributors are their own.

It's important to make sure the personal property you list and report to your local government each year is actually something your company owns and uses. If you've sold or donated any pieces of equipment, be sure to remove these items from your personal property total. This way you won't end up paying personal-property tax on things you no longer own.

Future Financial Challenges and Opportunities for Small Businesses