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Pink Earth

                FAQ's

Pink Earth
  • Why is record keeping necessary?
    As a business owner, it is imperative that you always keep clear and accurate records. You will want to keep all of your receipts, because without receipts there are no deductions. And no deductions means more money you pay to the IRS. You will want to keep your records up to 7 years, just incase the IRS decides to audit you.
  • How long should I keep my tax record?
    The IRS recommends keeping all of your tax records for at least 3 years from the date that you filed. However, keeping your records may help you in the future if any amendments need to be made.
  • What factors go into pricing?
    We take a look at the following details to provide you with a fair quote: Number of bank accounts Number of transactions Number of merchant accounts Number or credit cards Since there are many factors that are involved when determining price, we always provide a free consultation to get to learn more about you and your business structure.
  • What expenses are tax deductible?
    The tax laws change every year which is why it’s so important to have a trustworthy accountant on your team. To name a few that you can deduct: Home office expenses Advertising Accounting and Tax Prep There are also deductible items that are unique to the type of business you are in. To learn more about what you can deduct, schedule a free strategy session with us to review your situation.
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