January 4, 2015: Welcome back from what I hope for you was either a pleasant break from the Holidays and/or the time when you reached all your revenue goals for the year. Now comes the time for most of us whose businesses are on a calendar year to tote up the financial results and memorialize them for our shareholders and our friends at the IRS.
January 22, 2013.
Yesterday I spent some time helping an entrepreneur create tax return info from a year’s worth of bank statements just in time for the October 15 extension deadline. (This was a special situation and not part of my routine; I have a long-term trusted bookkeeper that is very good at this, but there wasn’t enough time to round her up.) I hope my suggestion in this particular case that most businesses actually keep books as the year goes along will be taken to heart.