It’s so much easier nowadays to keep business records, as well as personal finance records, with the use of software programs designed especially for this use.  I recall those days, before computers and business software, when I had to keep ledgers by hand for a larger business my husband owned, as well as for the home business I operated.  This required hours and hours of entering figures and balancing books, then preparing records for tax returns, whether I did them or our accountant helped.
Nowadays, you have a variety of options to choose from, depending on your situation.  Most of these …read more

       Now that tax time is over, unless you’ve requested an extension, you’re probably discovered some changes you should make in your bookkeeping or record keeping system.  As you prepared your home business taxes, or gathered information for someone else to do the final work, you might have realized you need to change some of your methods.
Don’t wait until next tax season do do it.  Start investigating what you could start doing now.  Your accountant could make suggestions.  Or check out books and online information about record keeping.
If you’re just starting your home business, you’ll need to begin keeping …read more