Stop using your checking account for your small business. Use an accounting system to track all income and expenses plus allow people to pay you by credit card. And do it for free.
We recommend a free online accounting system called Waveapps.com to track your business. Even if you have a part-time or side gig, do it right, put everything into an accounting system.
If you have a rental property or multiple rental properties this is an excellent system to help you track activities with your investments.
You need not have any prior experience to use Waveapps.com If you make a mistake, delete it. At the end of the year, a simple report provides everything you need to know to complete IRS tax forms for business activities.
Regardless of what product you use to track expenses and income, this podcast will help you understand the things you need to do to take full advantage of the tax code regarding deductions.
Please visit our website at LoganAndersonllc.com
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