What do you use for business & taxes? - GoFuckYourself.com

96ukssob · 10-05-2009, 01:52 PM

I'm looking to take this huge stress of trying to manage taxes and book keeping out of my life with relying on someone else to do it.

I've gone through 2 accountants in the past year, neither one of them keeping good records and having a huge mess to try and clean up.

Ideally I'm looking for something that I can use for business and personal. Keep track of $$ coming in, $$ going out, expenses, etc. and something that is easy to then hand over to an accountant or file myself.

I've checked out quickbooks before, but i'm thinking this might be a good choice. Any suggestions?

10-05-2009, 01:54 PM

+1 for Quickbooks.

L-Pink · 10-05-2009, 02:08 PM

I use a small accounting firm for receivables, payables, depreciation, etc for business as well as some of my personal recurring bills.

There was a start-up expense as well as monthly charges but I think I come out ahead this way ... I get an itemized quarterly spreadsheet, estimated quarterly taxes ...

There is no end of year madhouse with shoe boxes of receipts and checks, tax penalties, etc. They easily prepare my taxes and file for me. My end of year cost is just slightly higher than my monthly bill since all the info is computed monthly.

.

Sosa · 10-05-2009, 02:24 PM

I use quickbooks and turn over everything at the end of the year to the accountant. We are going on like year four of doing this and have had good success.

epitome · 10-05-2009, 02:33 PM

To take off some of the burden you can go ahead and pay yourself a salary (if you are not already doing this) and manage it through PayCycle (which integrates effortlessly into QuickBooks). Paying taxes is handled by PayCycle and it's usually done electronically. I selected it for my real estate company of a dozen people and it makes things so much easier.

Intuit recently bought the company but the solution remains the same.

96ukssob · 10-05-2009, 02:34 PM

Quote:

Originally Posted by L-Pink

I use a small accounting firm for receivables, payables, depreciation, etc for business as well as some of my personal recurring bills.

There was a start-up expense as well as monthly charges but I think I come out ahead this way ... I get an itemized quarterly spreadsheet, estimated quarterly taxes ...

There is no end of year madhouse with shoe boxes of receipts and checks, tax penalties, etc. They easily prepare my taxes and file for me. My end of year cost is just slightly higher than my monthly bill since all the info is computed monthly.

.

I tried this before, but started to become very expensive and always adding more fees.

I had someone great when I was in LA that did my taxes for 2005 and 2006. I would send him all the receipts and totals each month and he would take care of everything for a reasonable fee. He started working for a company and wasnt able to handle my stuff.

Scott-ATCI · 10-05-2009, 02:37 PM

Another vote for QuickBooks. Used to use PeachTree, but switched last year.

CaroMark · 10-05-2009, 03:26 PM

Quickbooks and Peachtree are both very good but I always preferred Peachtree

fatfoo · 10-05-2009, 03:35 PM

Quickbooks is good, yeah.

art914 · 10-05-2009, 04:19 PM

are there any sites out there for businesses? like a mint.com version

d-null · 10-05-2009, 06:16 PM

I set up my own spreadsheets in Excel

10-05-2009, 01:52 PM	#1
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	What do you use for business & taxes? I'm looking to take this huge stress of trying to manage taxes and book keeping out of my life with relying on someone else to do it. I've gone through 2 accountants in the past year, neither one of them keeping good records and having a huge mess to try and clean up. Ideally I'm looking for something that I can use for business and personal. Keep track of $$ coming in, $$ going out, expenses, etc. and something that is easy to then hand over to an accountant or file myself. I've checked out quickbooks before, but i'm thinking this might be a good choice. Any suggestions? __________________ Email: Clicky on Me

10-05-2009, 02:37 PM	#7
Scott-ATCI Registered User Join Date: Sep 2009 Posts: 11	Another vote for QuickBooks. Used to use PeachTree, but switched last year. __________________ ATCI Hosting

10-05-2009, 03:26 PM	#8
CaroMark Confirmed User Join Date: Sep 2002 Location: Tampa, Florida Posts: 1,357	Quickbooks and Peachtree are both very good but I always preferred Peachtree __________________ Mark M, 727-433-0745 [email protected] Support is everything! ICQ# 40467849, AIM MMemmer333

10-05-2009, 03:35 PM	#9
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	Quickbooks is good, yeah. __________________ Send me an email: [email protected]

10-05-2009, 04:19 PM	#10
art914 Confirmed User Join Date: Oct 2008 Location: The Golden State Posts: 337	are there any sites out there for businesses? like a mint.com version __________________ Brands That Sell Themselves up to $35 per sign up & up to 60% revshare Hustler \| HustlerTube \| Hustlersreviews \| Barely Legal

10-05-2009, 01:54 PM	#2
shermo Guest Posts: n/a	+1 for Quickbooks.

10-05-2009, 02:08 PM	#3
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	I use a small accounting firm for receivables, payables, depreciation, etc for business as well as some of my personal recurring bills. There was a start-up expense as well as monthly charges but I think I come out ahead this way ... I get an itemized quarterly spreadsheet, estimated quarterly taxes ... There is no end of year madhouse with shoe boxes of receipts and checks, tax penalties, etc. They easily prepare my taxes and file for me. My end of year cost is just slightly higher than my monthly bill since all the info is computed monthly. .

10-05-2009, 02:24 PM	#4
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	I use quickbooks and turn over everything at the end of the year to the accountant. We are going on like year four of doing this and have had good success.

10-05-2009, 02:33 PM	#5
epitome So Fucking Lame Industry Role: Join Date: Jun 2009 Location: St. Petersburg, FL Posts: 12,156	To take off some of the burden you can go ahead and pay yourself a salary (if you are not already doing this) and manage it through PayCycle (which integrates effortlessly into QuickBooks). Paying taxes is handled by PayCycle and it's usually done electronically. I selected it for my real estate company of a dozen people and it makes things so much easier. Intuit recently bought the company but the solution remains the same.

10-05-2009, 06:16 PM	#11
d-null . . . Industry Role: Join Date: Apr 2007 Location: NY Posts: 13,724	I set up my own spreadsheets in Excel __________________ __________________ Looking for a custom TUBE SCRIPT that supports massive traffic, load balancing, billing support, and h264 encoding? Hit up Konrad! Looking for designs for your websites or custom tubesite design? Hit up Zuzana Designs Check out the #1 WordPress SEO Plugin: CyberSEO Suite