The tax deadline is looming. How are you feeling? Stressed? Frustrated? Frantically trying to get your paperwork together so you can figure out how much you owe?
I see you. And I get it — taxes are no fun, and it’s tempting to wait until the last minute. But procrastination hits hard when you’re trying to catch up on a whole year’s worth of paperwork in a couple of weeks.
It doesn’t have to be this way. If you keep your books updated all year long, tax time is so much better. It might not be fun, but it is manageable. Plus, bookkeeping makes the rest of the year easier too, because you always know where your business finances stand.
So let’s take a look at what a bookkeeper can do for you during tax season — and year-round.
Why do you need a bookkeeper if you’re hiring a CPA to do your taxes? Because bookkeepers and CPAs aren’t the same!
Bookkeepers and CPAs have very different jobs and skill sets. So even if you hire a CPA to file your taxes, you still need a bookkeeper if you want to know exactly what’s going on with the money in your business all year long.
Sure, having a bookkeeper organize your books once a year is better than nothing, but it’s not really enough. If you want to know everything that’s happening in your business, you need to keep your books updated year-round. That means monthly bookkeeping!
Trying to get through a whole year of bookkeeping in a few weeks so you can file your taxes isn’t fun — and it sets the stage for errors. But when your books are up-to-date, all you’ve got to do is pull a P&L, general ledger, and balance sheet, and send those off to your CPA.
Plus, there are plenty of other benefits of monthly bookkeeping:
Monthly bookkeeping gives you all the information you need to make the best decisions for your business.
Business finances are complicated, especially when it’s tax time. But when you have a bookkeeper on your side, things get so much easier. You won’t be scrambling to get your paperwork together for your CPA every April. And even better, you’ll know exactly what’s going on with your business finances all the time, so you can make the right decisions for your business.
And the best part of hiring a bookkeeper? You don’t have to spend your time digging through receipts and learning accounting software. You can focus all your energy on growing your business and leave the bookkeeping to someone else.
My team of bookkeepers and I would love to help you get — and keep — your books up to date! If you want all the benefits of monthly bookkeeping without having to do it yourself, let me know!
Here’s what you get when you work with me:
Interested in that kind of support for YOUR creative online business?
If you’re thinking about hiring Madison, DO IT!!!!! If your books are consistently not being completed every month, if you’re scrambling at tax time, if you don’t have clarity on where your business is at financially… you NEED Madison on your team. She gives you a complete peace of mind in being an incredibly thorough and knowledgeable bookkeeper, and someone who is truly there to support you in any way possible!!
– Stephanie Kase