3 Responses to “How Hard Is It To Handle Your Own Accounting For Your Small Business (general Contractor)?”
Robert E. Lee
most important thing is depositing payroll taxes on time and making quarterly estimated income tax payments- if you’re even a day late – penalties and interest – have a cpa help set you up
Doctor Deth
Hard?!?
It’s NAAAASTYYYYY!!!
But if you HAVE TO, well…
Get a good accounting software program AND get educated on how to use it EFFECTIVELY (yes, the classroom kind)
Good luck!!
smart_sa
It depends on your financial abilities. If you are not that good, or your time is better spent as a contrafctor, hire an accountant to deal with stuff.
most important thing is depositing payroll taxes on time and making quarterly estimated income tax payments- if you’re even a day late – penalties and interest – have a cpa help set you up
Hard?!?
It’s NAAAASTYYYYY!!!
But if you HAVE TO, well…
Get a good accounting software program AND get educated on how to use it EFFECTIVELY (yes, the classroom kind)
Good luck!!
It depends on your financial abilities. If you are not that good, or your time is better spent as a contrafctor, hire an accountant to deal with stuff.