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Do any of you pay a book keeper?

Discussion in 'Business & Tax Advice' started by OiOiOi, Nov 11, 2011.

  1. OiOiOi

    OiOiOi Regular Member

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    Taxes are such a pain in the ass. I am thinking about it.
     
  2. marusia

    marusia Senior Member

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    Nope. I'm in a JV so I don't have to deal with it. That's one of the perks of teaming up with someone. :)
     
  3. CenTex Hosting

    CenTex Hosting Jr. VIP Jr. VIP Premium Member

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    yes I have a full time book keeper as well as a CPA that comes in once a month. Saves a lot of money in the long run. If your making less than 300k I would not worrie about it. 300k and above there is a lot of things that can be done tax wise.
     
  4. OiOiOi

    OiOiOi Regular Member

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    So I realize I either need to:

    A. Team up with someone awesome
    B. Make 300k +

    Got it ;)
     
    • Thanks Thanks x 1
  5. volund

    volund Senior Member

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    Well there is a difference between a bookkeeper and a cpa to do your taxes.

    I have a girl come in once a week and do general bookkeeping and office work that I rather not do myself. She does not do my taxes though. I have a tax guy for my taxes that I meet with a few times a year.

    Once you start making making enough to live on then you should probably visit a cpa to see how much money they can save you. Usually not very expensive and in my case he always find something I would have missed so I at least break even and usually come out ahead.
     
  6. dumdum4gumgum

    dumdum4gumgum Power Member

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    Yep best move you can make if you can find a good one
     
  7. cornkernel

    cornkernel Regular Member

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    how much does a book keeper cost? not that i need it yet, but i was just thinking about this yesterday!
     
  8. Greybeard

    Greybeard Junior Member

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    Thanks for this, volund, this is great information!

    I'm not at the level I want to be at yet with my online earnings, but when I get there, I will certainly higher a bookkeeper and a cpa.

    Anyone ever hire either one on sites like Elance? I've seen a few of them advertising their services on their, and I wonder how that works with receipts and such. Do you mail them or scan the receipts?
     
  9. damagesmith

    damagesmith Regular Member

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    I have used a bookkeeper/accountant in the past.
    i have hired them from guru.com It works out pretty well. But I being
    a former accountant myself helps, in that I am able to explain to them how to do the books the way I want them done. I typical pay $4.00 an hour from someone from India.
     
  10. cornkernel

    cornkernel Regular Member

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    wow, that's cheap! i'm going to go and have a look at that site. i'm a little worried about outsourcing things though... i know how i want things done, and by the time i explain how i want something, i figure i may as well have just done it myself.

    i'll check this out though! :)