Common sole-proprieter / small business pitfalls

Common sole-proprieter / small business pitfalls Bingo Card
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This bingo card has a free space and 24 words: Math Mistakes, Not Paying Estimates, Missing Deadlines, Not Reconciling accounts, Improper Record Keeping, Improper Categoriz-ing expenses, Neglecting Sales Tax, Poor Cash Mangement, Poor Communica-tion, Not Tracking Mileage / home office, Assuming a CPA will break the bank, Co-mingling assets, Ignoring a holistic approach, Hiring the wrong person / firm, No Back-ups, Separation of duties, Reimburs-able expenses, Year End planning, SEP, IRA, Health Insurance?, PL / BS understand-ing, Tipped Employees, Draw, Wage, Guaranteed payments?, Short Sighted solutions and Unapplied Credits.

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