How was your tax preparation this year? Were you scrambling around looking for receipts, invoices, bills, bank statements and other necessary paperwork? Now is a really good time to get yourself set up with a bookkeeping system that will save you time, money and aggravation for the rest of the year. If you do, next tax season will be a breeze.
It amazes me how some businesses stay afloat without really knowing where their money is being spent or who owes them money. Don’t forget about your tax deductions either. They are critical to your business and it is important to keep all documentation so you can expense the most amount possible.
If you take care of your business, it will take care of you.