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Why you should have separate bookkeepers and tax accountants

Basis 365

You have two options to achieve this goal: hire a professional or have a year-end accounting firm handle your bookkeeping. It's OK to ask an outsourced accountant for help with your daily books. Before we get into the reasons, let's first look at how the duties of accountants and bookkeepers differ.

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The Difference between Bookkeeping and Accounting

SMBAccountant

Bookkeeping and accounting are often used interchangeably when describing a process of recording financial transactions for a business, but they are not the same functions. Managerial accountants work to collect and compile data used to make management decisions. None of these tasks are done by bookkeepers.

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Trucking Tax & Accounting by Mike Habib, EA Los Angeles, CA

MyIRSRelief

Accounting & Bookkeeping is one of the most critical aspects of running a successful business, especially in the trucking industry. Trucking companies must manage a large amount of financial data, including expenses, invoices, payroll, and taxes.

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Bookkeeping Tips for Construction Businesses

Steve Feinberg

Shifting costs, increased liability, and a job-centric pricing model are just some of the major differences that make contracting a unique business—and unique businesses require a different approach to their bookkeeping. Here are a few bookkeeping tips from the professionals at AppleTree Business Services for construction companies.

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Tax & Accounting Service – Preparation, Planning, Representation

MyIRSRelief

. – Unfiled Tax Returns – 1040, 1120, 1065. – Negotiated Tax Settlements. – Tax Liens. – Tax Planning & Tax Preparation. – Employment 941/940 Payroll Tax Problems/Disputes. . Call us toll free 1-877-78-TAXES [1-877-788-2937]. .

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Beyond tax season: creating revenue stability year-round

ThomsonReuters

If you spend a lot of time hiring temporary employees just to help with tax season, you could be missing out on a lot of potential talent—those employees who are looking for long-term positions. Tax accountants who only need office space for a few months out of the year must spend a lot of time before tax season looking for good options.

Tax 102
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Practical Tax Season Tips For Construction Business Owners

Randal DeHart

We know that construction businesses have unique tax considerations that can be tricky to navigate, such as complex accounting and bookkeeping challenges and issues related to payroll and sales taxes. But don't worry; we're here to help!