On this episode, Karen talks with CPA John Calderone, and he shares three ways on how to get the most out of your CPA when preparing your taxes and tips on keeping your tax bill lower. Plus, John reveals the best KPI’s and financial reports for small businesses to monitor the health of their company.
3 Best Tips To Help Your Tax Preparer:
> Accumulate your data and all your documents in a single delivery to your CPA.
> Have separate personal and business checking accounts, credit cards, and other financial accounts.
> Once your CPA gets the ball rolling on your tax return, be available to answer all questions.
Learn more about Karen Simmons & Cadie Gaut
Payroll Vault – Mobile & Baldwin Counties
Cheers To:
There are only three places your business money can come and go: operations, investing, or financing. – Karen Simmons
The Cash Flow Statement is an excellent way for small businesses to know where the cash goes and where it is coming from. – John Calderone
If your business cost percentages jump way up or down, it’s going to show you where you have problems. – John Calderone
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