Co- mingling assets Ignoring a holistic approach Tipped Employees Year End planning Not Tracking Mileage / home office Poor Communica- tion Hiring the wrong person / firm Not Reconciling accounts Math Mistakes Short Sighted solutions Poor Cash Mangement Missing Deadlines Draw, Wage, Guaranteed payments? PL / BS understand- ing Assuming a CPA will break the bank Reimburs- able expenses No Back- ups Improper Record Keeping Improper Categoriz- ing expenses Neglecting Sales Tax Separation of duties Unapplied Credits Not Paying Estimates SEP, IRA, Health Insurance? Co- mingling assets Ignoring a holistic approach Tipped Employees Year End planning Not Tracking Mileage / home office Poor Communica- tion Hiring the wrong person / firm Not Reconciling accounts Math Mistakes Short Sighted solutions Poor Cash Mangement Missing Deadlines Draw, Wage, Guaranteed payments? PL / BS understand- ing Assuming a CPA will break the bank Reimburs- able expenses No Back- ups Improper Record Keeping Improper Categoriz- ing expenses Neglecting Sales Tax Separation of duties Unapplied Credits Not Paying Estimates SEP, IRA, Health Insurance?
(Print)
Co-mingling assets
Ignoring a holistic approach
Tipped Employees
Year End planning
Not Tracking Mileage / home office
Poor Communica-tion
Hiring the wrong person / firm
Not Reconciling accounts
Math Mistakes
Short Sighted solutions
Poor Cash Mangement
Missing Deadlines
Draw, Wage, Guaranteed payments?
PL / BS understand-ing
Assuming a CPA will break the bank
Reimburs-able expenses
No Back-ups
Improper Record Keeping
Improper Categoriz-ing expenses
Neglecting Sales Tax
Separation of duties
Unapplied Credits
Not Paying Estimates
SEP, IRA, Health Insurance?
