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Tax Season 2024- Get Your Books Ready in 6 Steps

Shay CPA

Plus, getting things in order before you go to your accountant can streamline the process, helping you avoid extra expenses like troubleshooting services from your bookkeeper or rush-order billable hours with your CPA. That can give you and your accountant a good foundation to build on for this year.

Tax 52
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Tax Season 2023: Get Your Books Ready

Shay CPA

Plus, getting things in order before you go to your accountant can streamline the process, helping you avoid extra expenses like troubleshooting services from your bookkeeper or rush-order billable hours with your CPA. That can give you and your accountant a good foundation to build on for this year.

Tax 52
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What is Financial Due Diligence?

Shay CPA

Bad bookkeeping practices could make them look better than the reality. If a sizable portion of your revenue stream will hinge on accounts receivable from any single client, it may make sense to ensure they don’t have a track record of missed payments or outstanding balances with other companies. . You need to dig deeper.

CPA 59
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Founders – Get Huge Tax Breaks by acting now!

Shay CPA

This leads to our next tip – which is to get your financials and bookkeeping in order. Beyond this having all of your revenue, spend management, and payroll systems connected your accounting system and syncing data will allow you as a founder to make decisions in real-time instead of waiting for your financials to be prepared.

Tax 59