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