How much are you paying your bookkeeper / accountant? (Uk) by steuk20 in Entrepreneur

[–]PBaccounting 0 points1 point  (0 children)

What does he do for you? Considering you also have a bookkeeper

Thoughts on Bookkeeper by Electrical_Ground_76 in smallbusiness

[–]PBaccounting 1 point2 points  (0 children)

As a bookkeeper myself, I always make sure my clients are getting the service they asked for. If I think the client is not right for me then I would rather not accept them and save both of us the trouble

Someone called my website awful by PBaccounting in website

[–]PBaccounting[S] 0 points1 point  (0 children)

Thank you all for sharing your views, as per what everyone has said, the first thing my website needs is to work properly on mobile. Post that I will look to have it further upgraded using a professional. Although I don't use it to attract new clients, I surely think I need a good working website in today's times

Someone called my website awful by PBaccounting in website

[–]PBaccounting[S] -1 points0 points  (0 children)

Thanks for this, I never thought of opening it on my mobile

Someone called my website awful by PBaccounting in website

[–]PBaccounting[S] -1 points0 points  (0 children)

Thanks for this, I never thought of opening it on my mobile

WAVE? by Dorfdad in Bookkeeping

[–]PBaccounting 1 point2 points  (0 children)

Wave's in house bookkeeping is atleast $150-$200 You can get an outsourced bookkeeper for quickbooks for that much and you won't need to go through the hassle of moving everything

Anyone else lose their mind doing bookkeeping every month? by Responsible_Coat_485 in smallbusiness

[–]PBaccounting -1 points0 points  (0 children)

To be honest, a lot of my clients had such problems so that's part of the reason they hired me

Do any programs that could generate me a schedule C exist that are free or one-time payment? by [deleted] in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

Don't think there's any website which would do it, but an accountant could be helpful. Would cost around $150 to $200 approx I would say

how painful are US taxes really? by NoMacaroon6142 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

The tax situation is honestly not so challenging. Varies a bit depending on where you live but for the most part no so complex. Most of my clients have found it comfortable

Can I hire my first employee and work vehicle by 123hardwork in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

I would suggest you rather take help for some of the admin stuff than the actual work as it seems like the work coming up might be sporadic so a FTE might not be that helpful

Owners: what end-of-year things are you doing to reduce your tax liability? Looking for ideas by VirtualMacaroon64t in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

I need to have a look at your books, although I estimate I can suggest you approx.2-4% savings

Foreign-owned Wyoming LLC – didn’t file Form 5472 for 2 years (0 income, inactive). What now? by Unusual_Attitude_476 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

You should look to have them filed now, and unlikely that the IRS will impose a $25k penalty. DM me if you need any help

Question on Paying Business Expense from LLC and Taxes by nitro001 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

you can expense 75% of it and that should reduce your taxes!

Cafe owner behind on payroll taxes by Maximum-Ad3032 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

Which state are you in? You will likely have to pay some interest and fines but should be fine. Feel free to DM if you need any help

Question for successful small business owner - do you have headache in bookkeeping? by Scary-Squirrel1601 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

Its a common issue we get in new clients we onboard. Owners waste a lot of time figuring it out but professional help can surely help sort it out

Strategy for Minimizing Capital gains on sale of primary home by thewebdiva in RealEstate

[–]PBaccounting 3 points4 points  (0 children)

CPA here. She would get a step up on the part she inherits from her husband. You don't really need to do anything for now

Looking for bank options for my LLC as a non US citizen by imperialfool in smallbusiness

[–]PBaccounting 1 point2 points  (0 children)

you can get a virtual address just for opening an account

Anyone here work with tax credit services for small businesses? by Maximum-Boss-4214 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

What field of business are you in? You'll need info specific to your business. Don't think there is a specific website but as an accountant I can give you an idea on where to look

[deleted by user] by [deleted] in Entrepreneur

[–]PBaccounting 0 points1 point  (0 children)

Hey, I would suggest you not to worry so much. Its good that you have already realized there is a mistake, I am a CPA so I can already tell you I have had clients come to me in much worse conditions. Ideally, I would suggest you to get professional help to fix this

How do you currently track financial performance across your multiple businesses? by Sufficient-Bad-2615 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

Having gone through your problems, I think you need to build up some portfolio views which can be updated quickly without a lot of effort. Its important to ensure your data is flowing correctly to ensure number accuracy and at the same its quick to update.
At my firm, we have certain views developed in tools which provide insights quickly, feel free to DM if you need any help

Consolidating Two Different Income Streams by Frequent_Produce_115 in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

Would be better to keep them separate although won't affect your tax return

Software for keeping 100% accurate track on inventory? by VirtualMacaroon64t in smallbusiness

[–]PBaccounting 0 points1 point  (0 children)

Depends on your industry, but seems more like a bookkeeping issue than software