August 5, 2021 | Taxgoddess.com

Tax Goddess in the media

Resolutions on the EIDL must be sent to them within 180 days!!

5tt-newsletter-week-1-832021Download

How business owners can take advantage of tax planning to save

5tt-newsletter-week-4-7272021Download

WE DID IT AGAIN! Our client is paying ZERO% tax now!

we did it againDownload

Reasonable Compensation – the IRS is COMING!!!

5tt-newsletter-week-2-7132021Download

Crypto Rules that could bite you

5tt-newsletter-week-4-06222021Download

The ProAct – What is means for your business – BE PREPARED!!!

5tt-newsletter-week-3-06-15-2021Download

See what webinar attendees have to say about Tax Goddess

5tt-newsletter-week-2-682021Download

The big boy’s secret strategy that small business owners can use

5tt-newsletter-week-1-06012021Download

Taxation Of Your PPP Loan… AGAIN

5tt-newsletter-week-4-05252021Download

How to get rid of your student debt using tax strategy

5tt-newsletter-week-2-5112021Download

Home office as a W-2 Employee during covid

5tt-newsletter-week-3-04-20-2021Download

ERC Credit for 1st QTR of 2021 payroll’s – 70% go get it!

5tt-newsletter-week-4-04272021Download

When Are My Taxes Due? April 15th? May 17th?

5tt-newsletter-week-2-04142021Download

Unemployment NOT taxable up to $10,200?

5tt-newsletter-week-5-03302021Download

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download transactions / input by hand as needed
categorize the transactions
reconcile & balance the accounts (bank, credit cards, loans)
input all payroll information
reconcile payroll accounts, payments, withheld taxes, etc.
review client monthly correspondence for outstanding items / other questions
review client draw account for business expenses
review business expenses for client draws
allocate meals properly between deductible / non-deductible portions
allocate all items to “classes” if function use in the files
allocate all items to various states if multi-state entity
split other tax specific items (depreciation, amortization, interest, accruals, etc.)
compare to previous month in last year for issues
compare to previous month in current year for issues
review for tax changes needed (raise wages, decrease wages)
review for new asset purchases & properly classify
prepare internal workpapers for audit backup if ever necessary
prepare sales tax & file (if applicable)
review need for 1099’s / w-9’s from contractors – request from client
review against overall tax projections (if applicable) to ensure we are “on track”
Analyze any “over arching” issues (audit flags, etc)
review by senior bookkeeper
review by CPA
send final “all OK” or “need changes” email to client.

Daily Archives: August 5, 2021

Tax Goddess in the media

Resolutions on the EIDL must be sent to them within 180 days!!

How business owners can take advantage of tax planning to save

WE DID IT AGAIN! Our client is paying ZERO% tax now!

Reasonable Compensation – the IRS is COMING!!!

Crypto Rules that could bite you

The ProAct – What is means for your business – BE PREPARED!!!

See what webinar attendees have to say about Tax Goddess

The big boy’s secret strategy that small business owners can use

Taxation Of Your PPP Loan… AGAIN

How to get rid of your student debt using tax strategy

Home office as a W-2 Employee during covid

ERC Credit for 1st QTR of 2021 payroll’s – 70% go get it!

When Are My Taxes Due? April 15th? May 17th?

Unemployment NOT taxable up to $10,200?

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2025

Tax Goddess Business Services, P.C. - All rights reserved.

Copyright ©

2025

Tax Goddess Business Service, P.C.

-All rights reserved