Check out the YouTube video that accompanies this blog post by clicking the image below. Make sure you subscribe so you don’t miss a video: In these three posts, I’m giving you 15 tips (plus a bonus in part 2) that you can implement today that will make next tax time less of a headache. Here are the last five: Review your P&L-By-Month before sending it to your tax accountant.I talked about reviewing the Budget vs Actuals report each month throughout the year, but before you send your books over to your accountant, take a look through your P&L for the full …

[3 of 3] Top 15 Essential Bookkeeping Tips for Tax Time Read More »

Check out the YouTube video that accompanies this blog post by clicking the image below. Make sure you subscribe so you don’t miss a video: For many business owners and bookkeepers, tax season is a nightmare. Even if you’ve done “most” of your bookkeeping for last year, there might still be some tasks you put off. In the last post, most of the tips centered around bookkeeping. This post has a couple of bookkeeping tips but also a few tips that will help you thoughtfully develop your business in general. Here are the next five tips: Keep your business and …

[2 of 3] Top 15 Essential Bookkeeping Tips for Tax Time Read More »

Check out the YouTube video that accompanies this blog post by clicking the image below. Make sure you subscribe so you don’t miss a video: For many business owners and bookkeepers, tax season is a nightmare. Even if you’ve done “most” of your bookkeeping for last year, there might still be some tasks you put off. In these next three posts, I’m going to give you 15 tips that you can implement today that will make next tax time less of a headache. Here are the first five: Commit to keeping your bookkeeping up-to-date as frequently as needed.Most businesses need their bookkeeping …

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