I started a business in 2020 and did not ever pay any mind to keeping books or taxes. Looking back, I was an idiot, and I am actively taking steps to get current. I did file with the IRS upon starting the business.

My past two years were both 6 figures, and I have reached out to multiple CPAs and bookkeepers to start the process of getting current, and plan to stay current. It was stupid, but it’s done.

My ask from ya’ll is, having read many many threads here and starting to gather documents: what can I do to help facilitate this process with both my chosen bookkeeper and CPA?

Thanks for your time, and if you’re reading this just starting a business - stay current, don’t be lazy, it’s not worth it!

  • ellllllllle4@alien.topBEnglish
    1·
    1 year ago

    Most credit card companies will provide you with an annual summary for the year. Go through all your personal statements you may have, you will likely find expenses paid personally that apply to the businesd