Taxes and Accounting! 
TAXES AND ACCOUNTING AT A GLANCE
TAXES
Taxes are a fact of life as you grow your business. Obviously, you need to keep your taxes as low as possible. More importantly, you need to make sure you have the money to pay them when they are due. You don’t need or want the added pressure of having the government after you.
The government is an unwanted partner in your business. It gets a percentage of your business while giving very little in return specifically to you. Yes, the government does maintain our roads and works to keep us safe, but you won’t be thinking about that when you write those hefty checks.
Tax laws get more complicated each year and so do the decisions the small business owner needs to make. We are here to help you answer your questions including the following:
- 1. Should you operate your business as a Sole Proprietor, C Corporation, S Corporation, Partnership or LLC?
- 2. What do you need to know about income taxes, self-employment taxes, sales taxes and payroll taxes?
- 3. What can you do to keep your taxes as low as possible?
- 4. What kind of records do you need to maintain and how long do you have to keep them?
- 5. Do you need to pay estimated income taxes on a quarterly basis?
All of these questions plus many, many more are answered in Our Book, “Getting in Business to Stay.” We also provide services specifically geared to the small business owner as well as resources of information in various forms such as teleseminars, webinars, downloads and CD’s. Learn more by clicking on Taxes.
ACCOUNTING
Besides filing your income tax returns, why do you need to know how much money you are making in your business? The simple answer is because you need to know what activity translates into net profit. With that knowledge you can keep doing the things that make you money and change the things that don’t. Your understanding of the numbers of your business should drive your daily activity.
We are here to help you answer the following questions:
- 1. How should you track the money in your business?
- 2. What are the key numbers of your business that should drive your monthly planning and daily actions?
- 3. Should you use accounting software, such as QuickBooks, in your business?
- 4. What kind of planning should you do at the beginning of each month in relation to setting sales and production targets?
- 5. How do you determine your formula for success?
All of these questions plus many, many more are answered in Our Book, “Getting in Business to Stay.” We also provide services specifically geared to the small business owner as well as resources of information in various forms such as teleseminars, webinars, downloads and CD’s. Learn more by clicking on Accounting.
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