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View Full Version : Taxes


rsangel64
01-04-2008, 08:14 AM
Any tips and hints on this years taxes?

Deanna


rsangel64
01-05-2008, 04:29 AM
Ok, so no one has tips and hints. What are your concerns? I used Stephanies tax thing and it really helped alot.

Deanna
www.ytb.com/warmsands (http://www.ytb.com/warmsands)

Candlemama
01-05-2008, 08:21 AM
my tip and hint? Use a CPA who knows about home based businesses in order to take advantage of every writeoff possible.

What is Stephanie's tax thing?


maureenkellis
01-05-2008, 12:49 PM
There is a tax training powerpoint in the back office.

Also home biz tax expert, Ron Mueller has one of his tax savings workshop free online:

http://video.google.com/videoplay?docid=8635772042634367444&q=ron+mueller+ tax&total=4&start=0&num=10&so=0&type=search&plinde x=0 (http://video.google.com/videoplay?docid=8635772042634367444&q=ron+mueller+ tax&total=4&start=0&num=10&so=0&type=search&plinde x=0)

Finding an accountant who is very experienced in home business taxes is really important and so is empowering yourself with some general knowledge. One tip that was given to me: is to plan for the upcoming year's taxes (2008)now-
immplementing a system to handle your business cash flow and inventory.

I'm currently investigating several different programs to see what a good fit might be for me. I'm also considering outsourcing all regular accounting activities, as this area is definately not my strong suit!

pinkiey_swear
01-05-2008, 03:19 PM
let us know what you find as far as programs. I prefer to do my own taxes, i've saved ALL my recipes and have kept track of everything pretty good.

stayhomedad
01-16-2008, 08:51 PM
Laney Johnson CPA MBAJust did a FREE Recording about Direct Sales and Taxes!

http://www.laneyjohnson.com/ConferenceCalls.html (http://www.laneyjohnson.com/ConferenceCalls.html)