The New Year always brings around the reminder of taxes. Taxes have to be prepared and we all have a deadline to meet. How do we make it easy to have our taxes prepared as small business owners? One thing we recommend at BizWorks is to make sure you work a little every month to stay organized. We also recommend that if handling the day-to-day tasks of money is not your strong point, that you invest in a bookkeeper to handle that piece of your business. Not every company needs a CPA on a monthly basis and we don’t typically recommend such a set-up for small business owners.
Our rule of thumb to our members is to hire a bookkeeper at
a much less expensive fee to keep you on track every month and a CPA to handle
your taxes once a year. What most
business owners find is that they are more organized when they take their
information into their CPA, who has less work to do because everything has been
organized on a monthly basis. This
set-up can free you of that headache you might have every year when you get
ready to go to your CPA.
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