Many people use their home phone for business and personal use. Each month take the time to go through your phone bill and highlight calls that were made for business. Make a quick note about who the call was or what deal it involved. Many times small businesses lose this tax deduction because they didn't keep good records. A bookkeeper or accountant will not write off these unless you can classify the difference correctly. It's much easier to do it monthly then yearly.
Stop saying, "I'm a small business, I don't need a bookkeeper." The longer you wait to set up good accounting practices, the more expensive it will become. Contact us today to learn about our services - www.accountingbythehourllc.com
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