Nexus is enough to make any tax professional's head spin. Add in ever-changing rules, a healthy dose of fear or intimidation, and the stress of tax season, and we're left spinning our wheels on ice with no sand in sight.
Enter this Nexus Guide. It won't make you coffee or bring you a cookie. It will give you a good framework to approach nexus with, specific information to request from your clients, a few approaches to objections and opening the door to providing your client with more support, and some pretty nifty spreadsheets.
It's always nice to have a reconciliation, isn't it? Some place to go where there numbers add up to zero or the same number as a number somewhere else.
And isn't even nicer when that reconciliation has some references in it? A place to go to find the numbers making up that reconciliation? A trail guide of some sort.
This is that.
Comparing one software to the next is hard enough. Start doing it for something that makes you twitch anyway and it’s enough to make you toss the project in the corner never to look at it again. We've simplified that for you right here with two charts:
We know you started your business because you love what you do. Or you're good at what you do. Or maybe even it's as simple as you know you can make money at what you do.
But somewhere along the way, you realized you need to keep better track of your expenses. Spreadsheets and notes and paper expense trackers just aren't cutting it anymore. And you're spending too much time right before you file your taxes trying to total everything up.
And you're still not convinced it's right.
Or maybe it's more complicated than that and you need solutions that will take care of project or receipt management. Maybe you have multiple locations you need to report on. Maybe there's something else entirely we haven't guessed at. These charts are fantastic place to start your comparison.
Here we compare features available across different plans offered by cloud based accounting software. We've included one chart for each of the three softwares we most often recommend: FreshBooks, Xero, and Wave.
Reviewing and comparing software is no easy task. You end up with 50 tabs open looking at details, reviews, and trying to compare a non-standard set of features. Nothing makes sense. Everything is harder than it needs to be.
Add in the confusion and frustration of looking at software you know you need but you may not understand at all and it just might be enough to cause you to toss in the towel before you even get started.
We've taken our special interest in reviewing and comparing software and combined it with our expertise in tax, accounting, and running a business and combined this into charts that focus on the features that matter most to solo and small businesses. We've also added in the benefits of each feature and tailored those benefits to the specific software.
Saving your tax and accounting related documents isn't quite as simple as saving. You need to know what to save, where to save it, and for how long. This small but mighty PDF will help you answer those questions.
Designed for business owners but also applicable for individuals, this PDF doesn't cover every single situation. It does get darn close though. And, it's one more insight to what kind of help and support clients receive at Crayon Advisory.
FreshBooks is my preferred accounting software for soloprenuers, freelancers, and service providers, . It does the things you need and can help you stay focused as you move through your business finance needs. Here, we'll get the software set up so you can start taking advantage of it, one step at a time.