Are You Ready for Tax Time?

JL Blog are you ready for tax timeMany small business owners only talk to their tax accountant when it’s time to file the dreaded taxes after the end of the year. In reality, it’s important that they have an open dialogue throughout the year.

As a certified bookkeeper, I encourage my clients to connect with their tax accountant at least quarterly and sometimes more often especially if they are considering buying a building or other large asset, expanding their business, or seeking to increase working capital. I provide financial reports to my clients and their tax accountants on a quarterly basis, at a minimum, sometimes more frequently. This allows for adjustments to be made throughout the year leaving few financial surprises at tax time.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s