Hopefully you had a wonderful Thanksgiving with your family and friends. We are now in the midst of one of the busiest times of the year both personally and professionally. Social obligations, business deadlines, and personal responsibilities to prepare for the upcoming holiday season and the New Year!
Now is the time to take a few moments to evaluate what you can do to prepare your business for year end or for a fresh start in 2016:
If you prepare your taxes or send them out to another CPA, are your records current and ready for year end? The sooner you can get a handle on this, you can get a jump on your tax reporting. How wonderful would it be to be one of the first business clients to submit year end information to your accountant?
Are you satisfied with your current accounting system? If not, consider converting to Xero, our cloud based accounting solution. Check out a few videos on this system here: http://www.mahkengine.com/xero/. Mahkengine can get your records current for 2015 or set you up for a fresh start beginning 1/1/16.
Instead of waiting to reconcile at the end of each month, you can get daily insight into your business. As an accountant who has worked in various accounting applications, I tell others Xero is actually fun. My associates laugh at me, but that’s okay! Xero is what I use to manage our accounting firm.
Contact Mahkengine for a business and/or personal tax consultation to get an estimate of what you may owe come April 15th and what steps you can take before year end to help reduce taxes. A portion of the consultation fee will be applied towards your 2015 tax preparation fee if you are an existing client or become a new client.
Know another business owner or individual that could use our help? We welcome (and will reward) your referrals.
We would like to wish you a wonderful holiday season! Thank you for your continued support!
The Mahkengine Team