020. Bookkeeper vs Tax Preparer (And Why You Need Both of Them)

Many business owners think they need an Accountant for their business - but what does that REALLY mean? There’s a lot of confusion around that word and what an Accountant actually does, because it is such a broad term. Today, I’m getting a little more specific and explaining why you specifically need a bookkeeper and a tax preparer on your financial support team. I talk about the difference between these two roles, how they work together, and why BOTH are important (And hint…if you haven’t hired a bookkeeper for your business yet…YOU are the bookkeeper!)

 

Ready to take your learning a step further?

Register for my Free Masterclass, Make Your Money Make Sense! Where you’ll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system.

Sign up now: www.findingfreedomfinancial.com/masterclass

 

Other Ways to Work With Me:

• If you’re ready to just hand the numbers off to someone so you can stay in your own zone of genius, apply for one of our open client spots so we can take it off your hands. Don’t worry, we’ll send you your financial reports each month so you can feel confident in your numbers without doing the work yourself. Apply now by booking a coffee chat consultation at www.findingfreedomfinancial.com/contact
• Need some guidance on how to do you own bookkeeping in Quickbook Online? Then check out Bookkeeping Made Simple for Boutiques, our signature course that walks you through the exact setup & process you need to implement for accurate and EASY bookkeeping all year long - no more tax time scramble! Enroll at www.findingfreedomfinancial.com/course
• Are you a Shopify seller who’s not quite ready to invest in a bookkeeping software like Quickbooks? Don’t worry - I got you! I’ve created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet

 

Prefer to learn while you read? Check out the blog post for this episode:

http://findingfreedomfinancial.com/bookkeeper-vs-tax-preparer/

 

Related Episodes & Resources Mentioned:

What does “Doing Your Bookkeeping” really mean? Listen to episode #7 for a daily, weekly & monthly bookkeeping task list to help you know what you should be doing if YOU are your own bookkeeper!