About Me

After I started my own business, I knew that I didn't know enough about money to do my own accounting. To solve the problem, I hired an accountant to help me out. However, I quickly realized that when he was talking about letters of incorporation, assets, and business valuation, I would get more confused than ever. To make it easier to communicate with my accountant, I took a few minutes to learn more about accounting terminology. I can't begin to tell you the difference it made. My blog is designed to help you to understand the same types of things, so that you aren't left wondering what your accountant is talking about.

2017

Joining The Ranks Of The Self-Employed? Make Taxes Less Of A Headache With These Tips

When you finally leave salaried work to start working for yourself, you may feel relieved. However, that relief can turn to concern when you have to deal with tax issues as someone who is self-employed. To avoid headaches due to these issues, make everything simpler for yourself by using the tips here throughout the year. Get Separate Accounts for Work One of the biggest mistakes that newly self-employed people make is that there is not a clear distinction between their personal checking account and finances and their work expenses and invoices.