Accounting Basics III - Keep Clean Records

Smart Cleaning School

Colette is my personal accountant and she closes out a 3-part interview series we did on the Smart Cleaning Tribe. Colette gets into the nitty gritty of what a valuable accountant can do for you. First of all, she dives into business budgeting and how the business owner and accountant partner to help the business grow and plan for the unexpected. I took Colette's advice from the last episode "Hire Professionals on Day One" I hired an accountant in my second year when we had no money. I purchased insurance on day one. I found an attorney to work with in year two. However, I never had an accountant that does as much as Colette does for us. Beyond business budgeting, Colette explained what tax planning looks like. This is a huge value add your accountant can add for you. She shared some 2022 tax updates and how they may impact each of us at a high level to demonstrate how vital it is for us to have the right tax professional. Make sure to listen to Colette's checklist of what questions we should be asking our accountant when tax planning. Lastly, Colette gives us a checklist to us, the cleaners, on what we need to do on our end to help our accountant help us.