recruiters, etc...

Rob Ransbottom rir at mediaone.net
Fri Dec 7 10:56:24 EST 2001


On Thu, 6 Dec 2001, Chris Janicki wrote:

> 3. I use Interpay.  It costs me about $30/month, but it saves a few 
> headaches.  (I try to avoid accounting stuff.)  They mail me checks for 
> myself, the state and the fed, every month.  (I chose to do payroll 
> monthly.)  And they file about 4 forms and payments quarterly 
> (unemployment insurance, state stuff, etc.)

If you are the only employee your withholding issues are
almost nonexistent, there is then no need to subscribe for 
tax updates.  Just withhold enough to cover your previous
year's income tax liability.  This works for S corps and
sole props.

For any bookkeeping system the initial set up is a pain unless 
you know what your chart of accounts should be and means.  If you 
don't know then an orderly shoebox and one-write style of checkbook 
may be the most efficient system for a while.

> you (aka "journal entries").  I've been stubborn about updating lately, 
> so my accountant has to print out his journal entries, and I copy them by 
> hand into my system.  The changes are always few, so I live with this for 

Many businesses would not have their accountant make the adjusting entries
directly.  On paper hand-writing can make an informal trail for the
principals' review.

> My best advice is to find a nearby accountant who you feel can hold your 
> hand while your starting.  There is just so much crap to know.  So many 

My best advice is to find an aggressive accountant who you are comfortable
with.  Take an _extremely_ proactive stance regarding taxes from the
start.  

> government organizations want to know about you and take their cut of 
> your pie.  And you don't want to be late with anything, cause they'll 

If you aren't the type who will remember to file this qtrly, this & that 
monthly, and these annually, you better find someone who will.




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