What do you do to get ready for tax time?
I hired a bookkeeper who shows up at my door on the 3rd Monday of the month at noon. She does my personal and business stuff.
In June and December I check her work to make sure that everything is in the right expense account.


Do you fill out your own tax forms?
No. I have an accountant do it. It's worth the price as she sends me clients throughout the year.

Turn it all over to your accountant?
Not all of it. My bookkeeper does my sales tax and I pay a state business tax quarterly. Accountant checks bookkeepers work once a year and then does my taxes.

Are you tax receipts all neat and organized? Or do you have them stuffed into every nook and cranny? What's a cranny?

Not very neat at all. They're stuffed into pendaflex folders. I'll fix what needs fixing before I put them into my 7 year box (I save 7 years of taxes)


RE: I'm good to go. I don't usually get a refund, but pay out the wazoo.

What I recommend my clients do is that every check they get, they put 25% in a savings account to pay for taxes.