July 28, 2010
Small Business Entrepreneurs: How Do You Handle Bookkeeping, Accounting, and Taxes?
I was just wondering how real entrepreneurs handle their bookkeeping, accounting, and taxes. Do you hire a firm or CPA? Do you hire employees?
I currently have a small business and I do most bookkeeping and taxes myself, but I am looking to potentially hire someone to do this. However, I am worried that it might be too costly.
Can you tell me how much you spend on your accounting or CPA services?
Thanks!
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Comments on Small Business Entrepreneurs: How Do You Handle Bookkeeping, Accounting, and Taxes?
i have an accountant that comes to my store monthly, balances my checking account, files my sales tax and does my income taxes at the year’s end. $4000.00
I am based in the UK and run my own accounts/bookkeeping business as well as being an entrepreneur myself through the internet.
The best option is to find an accountant to outsource your affairs to as it it frees your time up to focus on your business and they are trained in this area and can advise you on tax savings etc…
Good Luck!