Keeping your company’s financial records can be one of the biggest downsides of owning your own business. For most people even the mere mention of “taxes” or “bookkeeping” raises the blood pressure. But taxes are impossible to escape because they come in so many different forms – income, sales, gift, estate, car, luxury, property, etc.
There are three things that need to be done in order to grow your business and increase your profits to be able to save for your business and your family’s future…
1. Maximize the money you earn
To effectively identify spending and reduce taxes every year, you need a plan in place. Some people do their own research, manage their own investments, and even do their own taxes. Others work with a CPA that knows the ins and outs of the tax codes, but can cost thousands of dollars each year just to tell you what you owe for the previous year.
This is where we come in. Conner Bookkeeping can help with all of your financial record keeping needs as well as other vital small business needs. We will track your receipts and expenditures, prepare reports and graphs to keep you on top of your money all through the year. This allows you to plan and make adjustments to reduce your taxes throughout the year, at the same time lowering the cost of your CPA’s bill. We can make sure that you are ready when April 15th rolls around. That way you avoid paying any costly penalties. We can also help with your payroll needs, whether you need full payroll services or just the preparation of information for government required reporting and tax returns.
Give us a call at 713-805-8645 to see how we can help.