# Use Separate Bank Accounts:

   Synopsis: It is an easy way to track accounts when filing returns.

          It may sound tempting to use current bank accounts for new businesses but it is advisable to open separate bank accounts and account software for it will help you great deal in tracking your fiscals and to keep the account chart neat.

# Understand Tax Laws:

   Synopsis: File returns on time to avoid problems later.

          Filing returns is a little tricky if you are in a new startup as it takes time to understand the tax laws properly. Thus, hire an accountant and make sure tyou file your returns correct and on time that will save you the trouble of IT office later.

# Use Right Tools:

    Synopsis: Take advantage of technology to make work easier.

          There are a number of tools available in the market that can help you make your work less cumbersome and consistent. Find out tools and use them at your workplace. Some of these tools are: Freshbooks, Tax Receipts, Outright, and Our Deal.