Business Advice
Receipts Management – More important than you think.
Did you know keeping your receipts organized now can save you hundreds at tax time? Michael Cook Tax & Bookkeeping LLC can help you set up a simple system to track your expenses using QuickBooks or easy alternatives that fit your lifestyle. Message us today to schedule your free 15-minute consultation to get your finances…
Read MoreFinish Your Year Strong
With only A Few Days Left In 2023, the best way to finish your year (2023) strong and get a jump start on your taxes is to connect with a Tax Pro. Get some tax planning in. Have your questions answered. Take the necessary steps to make your small business tax-ready. Times are hard. It…
Read MoreBe Wary of Shady Tax Preparers and Scams!
Be careful of shady tax professionals and watch for common warning signs, including charging a fee based on the size of the refund. A major red flag or bad sign is when the tax preparer is unwilling to sign the dotted line. Avoid these “ghost” preparers, who will prepare a tax return but refuse to…
Read MoreBookkeeping:
Just ask your Tax Pro how much more difficult it is to prepare an S. corporation or Partnership tax return without a tax-ready set of books – that is, from just a list of income and expenses. Tax Pros now need information from the balance sheet, also, to properly prepare the required IRS basics worksheets.…
Read MoreA Personal Thank You!
As I sit in my office this morning, I thought of all the things I’m grateful for… High on the list is my gratitude to you. Yes you, despite all the adversities that today’s world is throwing at us. I sincerely hope that you have a successful year this year and every year thereafter. You…
Read MoreBetter Late Than Never!
The IRS deadline to file your 2021 personal tax return which you placed on extension is October 17th! For many of you, unfortunately, even with this additional 6 months extension you still cannot make the deadline. Claiming ‘the dog ate your tax papers’ might not work for the IRS. But let’s forget the dog crap.…
Read MoreDo You Expect Guarantees?
The fact is YOU are responsible for your own success, in each area of your life as well as with your finances and business success. If you are in a place where you are unsure of the value you bring to the table all by yourself that is ok also: none of us ever does…
Read MoreUnfiled Tax Returns?
Urgent Tax News: The IRS is preparing to get Non-filers! The IRS is hiring thousands of Agents! Unfiled tax returns? Need a payment plan? Need to resolve that scary IRS Letter? Now is your time to get ahead. Contact Michael! Get Michael on your side today!
Read MoreARE YOU CONSIDERING CLOSING YOUR BUSINESS FOR GOOD?
What business owners need to do when closing their doors for good There are a few things business owners need to do before they close their business. Of course, they need to fulfill their federal tax responsibilities. It’s also important to notify the IRS of their plans. Business owners must take these steps when closing…
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