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