Here is a list of action items that you may need to take to ensure that your business tax filings are accurate:

1. Financial Reconciliations Reconcile all bank accounts & credit card accounts to ensure that your financial statements are accurate and to eliminate any additional or duplicate income or expenses that may exist in your books.

Although you can switch your payroll provider at any time during the year, the best times to do so is at the end of a calendar quarter or ideally at the end of the year.  If the transition happens during the year then the new payroll provider is typically responsible for completing all year end tax obligations including issuing the employee’s W-2 Forms, consequently it is usually a smoother transition if it happens at the end of a calendar quarter or end of year.  Here are some helpful steps to prepare you to do so:

1. TSheets Time Tracking – Mobile Employee Time Tracking with GPS that integrates directly with QBO Payroll Software (20,000+ 5 Star Reviews).

2. Expensify – Expense Tracking app that offers receipt and mileage tracking, expense reporting, and company card reconciliation.

1. To Keep You Focused on Your Business – Having a professional bookkeeper will free up your time to concentrate on what you’re good at, and keep you focused on what you care about most.

2. To Eliminate Costly Errors – Without the expertise of a professional bookkeeper, costly financial mistakes are inevitable due to the lack of knowledge and experience that you or your staff may have in this crucial area of your business.

Every aspect of a small business can be grouped into 3 main “legs”: Operations, Sales/Marketing & Financial. Like any strong, sturdy table each leg is of equal importance and needs to function well.