New! Tax and Accounting Solutions for WAHMs
August 14, 2007 · Print This Article
As a home based business owner and a CPA, I get a lot of questions about taxes. WAHMs and home based business owners want to know how to report their income, whether they need a tax ID number, how to make estimated tax payments, and many more questions.
I have been answering questions on my blog and on several WAHM forums for a while now, but as the questions keep coming, I realize that home based business owners need more help than I can provide on a blog/forum. As a result, I am now offering the following services to help other home based business owners with their financial and tax planning needs:
New Business Consulting – This is a one-hour consultation to address your most pressing financial questions about starting your home based business. Topics discussed will include business entities, estimated tax payments, tax ID numbers, filing sales and income tax returns, common business deductions for home based businesses and more.
Tax Preparation – Year round tax preparation is available to WAHMs and home based business owners who operate as a sole proprietor or an S Corporation. As a CPA and a home based business owner, I understand the unique tax needs of the home based business owner.
Tax Planning – Tax planning is an important part of any small business, as good tax strategies can minimize your tax liability, thus allowing you to keep more of your profits. Tax planning includes estimating your quarterly tax payments, making sure you get all the deductions you are entitled to, and exploring tax saving strategies such as hiring your children in your business.
Bookkeeping and Accounting – Do you know how much your business makes? Do you know where you spend your money? Keeping good accounting records is important because it helps you know where your business stands at all times, alerts you to any cash flow or other problems, helps you maximize your tax deductions, and it frees up your time to spend on income generating activities.
Whether your home based business is a hobby or a full-time business, you need the best tax and financial advice available. As a CPA and a home based business owner, I am uniquely qualifed to provide that advice. For more information about the services above, please email me at kristine@beacon-advisor.com.






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