Sunday, May 31, 2009

Everything You Wanted To Know About Accounting

Accounting is a subject that is not easy for everyone to grasp. Recently I shared tips for busnesses and publishers on the basics of accounting. Most business owners' given the attention they need can grasp the basics of accounting. The strageties for suceeding in busisness start with an analytical view of there accounting system.

Ask your self the following questions.
  • Do I want to be a proprietor or a corporation?
  • How do I setup my business so it is properly recognized?
  • How can I amortize a large book printing over several years?
  • Do I need QuickBooks to manage by business?
  • What are 1099s and when do I give or receive them?
  • How can I draw money from the business?
  • What is the "home office" expense and can I claim it?
  • What types of deductions are commonly missed by authors?

  • Check out the podcast that will give you the answer to these questions.

    http://motownwriters.blogspot.com/2009/05/podcast-authors-access-announcement.html