The IRS posted a new “Summertime Tax Tip” for entrepreneurs: the Top Seven Tips for Starting a New Business. The full article can be found at:
I love the fact that three out of the seven concern bookkeeping and taxes. So many new business owners get wrapped up in their new enterprise and lining up new clients, they forget that Uncle Sam is going to want to know a few things about their business next April!
Deb Howard Greenleaf, EA, CEO and Principal, of Greenleaf Accounting Services provides virtual accounting and bookkeeping services and specializes in financial management to consultants, coaches, solo professionals, and other small business owners across the US. Deb is an Enrolled Agent (EA)—an IRS-licensed tax professional—and specializes in small businesses and entrepreneurs filing Schedule C or as an LLC. As an Advanced Certified QuickBooks ProAdvisor, Deb spends her day in QuickBooks Online and specializes in providing QBO support.