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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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