Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business
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Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business Overview
The premier resource for basic bookkeeping and business record management, Keeping the Books is a comprehensive, yet down to earth, treatment of one of the most important, yet often neglected, aspects of running a business. User-friendly and packed with easy-to-understand illustrations, worksheets, and forms, this popular financial reference tool is completely updated, and replete with the variety of IRS forms that entrepreneurs have to be familiar with. From updating car and transportation expenses to exploding the myths around independent contractors, the author presents everything a small company needs to know to maintain proper records.
Following the roadmap outlined in Keeping the Books, entrepreneurs will learn how to:
- Prepare and analyze financial statements to stay in touch with the heartbeat of their business
- Set up bookkeeping systems to keep track of financial details
- Maintain the required IRS records necessary to stay out of trouble
- Plan for required taxes due
