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Should I fire my book keeper?
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<blockquote data-quote="Running Arrow Bill" data-source="post: 613690" data-attributes="member: 9"><p>Yep...probably...lol.</p><p></p><p>First of all, anyone that calls themself a "bookkeeper" can be anything between having taken ONE bookkeeping course in High School to a bachelor's degree in accounting. Second, important "key" functions (such as filing timely reports, etc., with IRS) should always be closely monitored by the business...double check on the "bookkeeper".</p><p></p><p>Third, any serious & viable business operation should have a CPA FIRM (not a lonely CPA who is self-employed). Reason? Solitary CPA's can get overwhelmed with jobs, be sick or injured and in hospital, die, etc. A CPA "Firm" has more than one CPA that can take over one's account if the primary CPA becomes unavailable (ill, death, etc.).</p><p></p><p>A competent CPA in a Firm will always be on top of everything and not miss deadlines and/or consult with you as needed.</p><p></p><p>And, a final thought to anyone outsourcing their accounting functions: Always keep a photocopy of everything you hand over to that person or firm. Things get lost, misplaced, offices catch on fire, etc.</p><p></p><p>"It Cost So Little More to Go First Class" when it comes to business accounting, IRS, etc.</p><p></p><p> ;-)</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 613690, member: 9"] Yep...probably...lol. First of all, anyone that calls themself a "bookkeeper" can be anything between having taken ONE bookkeeping course in High School to a bachelor's degree in accounting. Second, important "key" functions (such as filing timely reports, etc., with IRS) should always be closely monitored by the business...double check on the "bookkeeper". Third, any serious & viable business operation should have a CPA FIRM (not a lonely CPA who is self-employed). Reason? Solitary CPA's can get overwhelmed with jobs, be sick or injured and in hospital, die, etc. A CPA "Firm" has more than one CPA that can take over one's account if the primary CPA becomes unavailable (ill, death, etc.). A competent CPA in a Firm will always be on top of everything and not miss deadlines and/or consult with you as needed. And, a final thought to anyone outsourcing their accounting functions: Always keep a photocopy of everything you hand over to that person or firm. Things get lost, misplaced, offices catch on fire, etc. "It Cost So Little More to Go First Class" when it comes to business accounting, IRS, etc. ;-) [/QUOTE]
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Should I fire my book keeper?
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