Tis The Season! Tax Season, That Is!

 It’s not too early to schedule your year-end review! Talk with your Fiscal Accounting Consultant about the steps involved and scheduling your appointments in advance. We usually add a number of new clients at year-end and our schedules can fill up quickly. We want to make sure our current clients’ work is handled in a timely manner. Our staff members come armed with a 4-page checklist detailing all the tasks and deadlines to make sure your tax obligations are met and your books are CPA ready in plenty of time for on-time tax filing in March or April.

Right now is the time to send your accounting file or financial reports to your CPA. He or she will recommend any last minute actions you can take to reduce your taxable income. Remember transactions must be dated by December 31st. If your tax return is prepared on a cash basis, pay as many bills as cash flow allows and postpone receiving customer payments. If done on an accrual basis, purchase new equipment or supplies and make sure the vendors date your bills dated prior to year-end.

Check to see that you have current W-9 forms from all your subcontractors and verify that employee addresses are still correct in your QuickBooks file. 1099’s and W-2’s are due to subcontractors and vendors by January 31st.

If you’d like to get a head start on closing the year or are the do-it-yourself type, Linda has just finished writing our first eBook aptly titled, ‘Tis the Season! Tax Season, That Is! containing our 4-page list plus instructions. It is available on our website for $9.97. If you’re interested, just go to Products on the main navigation bar. Then ‘Add to Cart’. We accept VISA, MasterCard and PayPal!

Year-end Close Checklist for QuickBooks eBook

Tis the Season – Tax Season, that is!  How to close your Books for year-end and be ready for your CPA and taxes.

Every year, full knowing all the steps to year-end closing, our staff goes out to clients armed with a 4 page checklist of all the steps that need to be done. The list is complete and in order. That way we forget nothing and our client’s books are done accurately and completely. They meet all their tax deadlines and avoid penalties. They follow their CPA’s instructions to reduce their tax liability and their taxes are done on time!

Wouldn’t you love to have your taxes done in January, so you can get on with building your business in the New Year. It’s time to get on with the recovery and growth of 2011! Budgets, cash flow projections, plans, developing new products and services, new sales & marketing activity, better accounts receivable management. It’s producing results that you want to spend your time on.

OK, so here it is. We’ve taken our 4 page checklist, a proven solution year after year, and we put it into an ebook with complete instructions. Following this guide could save you hundreds or thousands of dollars. We’ve had clients who called us too late and ended up paying anywhere from $10,000 – $40,000 in tax penalties, no kidding. That can put you out of business very quickly!

The good news is we’re not going to charge you hundreds of dollars or even tens of dollars. We’ll send you our ebook, aptly named ‘Tis the Season, Tax Season That Is, for $9.97. And if you have any questions, you can call or email us, or contact a contract bookkeeper in your local area. This list is also perfect for contract bookkeepers to use as well, so if you know any, please tell them about this ebook. It will help all their clients too.

Just click on the products tab on the main navigation bar and order this simple, inexpensive, easy to use solution to your year-end woes!

We’d also love to have you email us about your experience using the list! We’re always incorporating new suggestions to make our products and services more useful to you!