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Since 1980,
Small Business Tax and Management has been providing services to business owners. Lots of resources on this site. www.smbiz.com/
Bookkeeping and Tax Programs: Quicken, QuickBooks, Turbo Tax www.intuit.com/products_services
Taxes and Accounting www.quicken.com/small_business axes_and_accounting http://www.peachtree.com/
The Top 10 Essentials for Making a Hobby Into a Business http:/ opten.org/public/AA/AA82.html Dealing Effectively with
IRS http:/ opten.org/public/AN/AN23.html
CPA or Bookkeeper? Besides trading on Wall Street, I was an Operations & Accounting Manager. At one point, I had bookkeepers and a few CPA's working for me. I was able to sign off on
work performed by
bookkeepers but I wasn't unable to sign off on any internal audits. Why? Because I didn't have a CPA License!
So you can see, there is a difference between a CPA and Bookkeeper. Now-a-days, with Quicken and Peachtree, many of us can set up our own bookkeeping and send out invoices - if that is how we choose to use our time.
If you are a sole proprietor, you can 1) hire a CPA firm that will also do your monthly bookkeeping 2) hire a CPA firm that will help you set up your monthly bookkeeping system and then you can do your bookkeeping or hire a bookkeeper 3) hire a bookkeeper to do your monthly bookkeeping 4) do it yourself.
Personally, I did my own bookkeeping for many years (I was an accounting manager) and then brought my records to a CPA yearly. I keep up with as many tax laws etc. as I can, I guess because I like that sort of thing. Many folks don't though! Know which you are!
As my business grew, I hired a bookkeeper and worked with them to set up a monthly bookkeeping system. The system was set up as suggested at
IRS Tax Class I attended - with categories names and in close order to
tax forms I'll use as a sole proprietor (Schedule C & Form 8829). I'll choose
names of
sub-categories based on how I spend money. They also suggested that you set up your file cabinet with similarly named files.
Enjoy my article on CPAs. It's called "10 Ideas To Help You Choose a CPA" http://www.coachmaria.com/articles/cpa.html

Maria Marsala, Business & Life Coach-Consultant. Maria works with successful individuals as they take their success to an even higher level. They're designing, and grow their lives, professionally and personally around what they love to do. Subscribe to "Helping You and Your Business Grow" our free weekly online newsletter. http://www.CoachMaria.com