Wednesday, June 27, 2012

Wednesday Biz tip: Taxes, Accountant & You

 Biz Tip:  BEFORE you start your business take a course, seminar, classes, webinar,  read books about your business and the taxes you are obligated to pay.

 Many people get an accountant and expect them to take care of everthing.... without knowing  what they are taking care of and what the accountant is charging you for.

 Accountants do make mistakes and those mistakes can be disasterous to your business.   Having a working knowledge of taxes will help you be a better busienss owner and client for your accountant.

Also as in any profession, there are good accountants, mediocre and a few who are irresponsible and some who are unethical.  Remember Enron and their accounting firm? If there is a problem with your taxes...guess who is in trouble..YOU! 
Knowledge is protection for your business.

No comments: