Not Tracking Mileage / home office Improper Categoriz- ing expenses PL / BS understand- ing Separation of duties? Poor Cash Mangement Short Sighted solutions Unapplied Credits Draw, Wage, Guaranteed payments? Assuming a CPA will break the bank Not Paying Estimates Co- mingling assets Neglecting Sales Tax Improper Record Keeping Tipped Employees Laziness. Not looking at prior tax returns Reimburs- able expenses Hiring the wrong person / firm Math Mistakes Year End planning Missing Deadlines Not Reconciling accounts SEP, IRA, Health Insurance? Ignoring a holistic approach Poor Communica- tion Not Tracking Mileage / home office Improper Categoriz- ing expenses PL / BS understand- ing Separation of duties? Poor Cash Mangement Short Sighted solutions Unapplied Credits Draw, Wage, Guaranteed payments? Assuming a CPA will break the bank Not Paying Estimates Co- mingling assets Neglecting Sales Tax Improper Record Keeping Tipped Employees Laziness. Not looking at prior tax returns Reimburs- able expenses Hiring the wrong person / firm Math Mistakes Year End planning Missing Deadlines Not Reconciling accounts SEP, IRA, Health Insurance? Ignoring a holistic approach Poor Communica- tion
(Print)
Not Tracking Mileage / home office
Improper Categoriz-ing expenses
PL / BS understand-ing
Separation of duties?
Poor Cash Mangement
Short Sighted solutions
Unapplied Credits
Draw, Wage, Guaranteed payments?
Assuming a CPA will break the bank
Not Paying Estimates
Co-mingling assets
Neglecting Sales Tax
Improper Record Keeping
Tipped Employees
Laziness. Not looking at prior tax returns
Reimburs-able expenses
Hiring the wrong person / firm
Math Mistakes
Year End planning
Missing Deadlines
Not Reconciling accounts
SEP, IRA, Health Insurance?
Ignoring a holistic approach
Poor Communica-tion
