Episode 15: Have You Set Your Business Straight for 2024?
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Ever found yourself tangled in a web of receipts and expense reports every month end? We've all been there, and it's exactly why we're suggesting something different for 2024. This episode is full of strategy gems for your business's financial health. We'll suggest effective bookkeeping systems, wave goodbye to cumbersome manual tracking and say hello to the sleek world of accounting software. And we're talking about transformative structural changes—think forming a corporation—and the timing to make these moves.
Remember that time you tried to claim your pet hamster as a dependent? Yep, we're tackling the laugh-out-loud pitfalls of letting AI handle your accounting, as well as the serious business of understanding owner's equity. And because life's not all about the balance sheet, we're redefining budgeting—no longer a financial straitjacket but a liberating tool for savvy decision-making. We're also cutting through the dread of tax forms with insider tips on vendor management and smart handling of 1099s. Oh, and if you've been procrastinating on collecting those W9s, we've got the pep talk you need.
As the confetti has settled on another year, we're not just making resolutions; we're laying out a year-end checklist that's as comprehensive as it is crucial so next year, you're on top of it. From bookkeeping reviews to expense evaluations and the ever-important dance with tax professionals, we've got you covered. So, grab your favorite note-taking app, and let's make this the year your business finances sing.
For more information or to make an appointment visit www.busybeeadvisors.com
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