Are you ready for the end of the year tasks? A quick checklist:
Reconcile all bank statements, including credit card statements. This will help ensure that all expense and revenue is recorded.
Review your vendors. Have you paid anyone for a service? Make sure you have their Tax ID for preparing the 1099.
Do you have employees? Even if you use a payroll service, it is important to review the W-2's and make sure they reconcile to the quarterly 941's.
Keep all tax related documents for your accountant. Start a file specifically for these items.
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