Frequently Asked Questions
Running A Business
Bookkeeping is extremely important. Yes, we might be biased. But, we have some solid reasons to back it up. Check out this blog post for why bookkeeping is important year-round.
Choosing the right accountant for your business is no simple task. Check out these blog posts for things to consider:
If you’re uncomfortable talking about money when it comes to your business, you’re definitely not alone. We wrote a blog post on awkward money topics just for you with tips to help.
We can tell, since you didn’t even ask a question. It’s okay. We’ve worked with tons of business owners who were stretched too thin. We’ve put together a great guide: 7 Steps to Eliminate Business Owner Overwhelm. It’s free, and we don’t ask for any of your personal info to share it. You can view, bookmark, download, and even print the PDF.
I wish we could say we have a crystal ball that you can borrow. But in the absence of magical prediction devices, we have practical advice for you to optimize your cash flow:
Getting Started with Numberwise
The simple answer is to click here. We know people are usually pretty anxious to get started, but we want to make sure Numberwise is the right fit for your business. So we will have some questions for you before we prepare a proposal of services and prices. But once we get all that figured out, it is smooth sailing from there.
That is a complicated question – sort of like asking “How much does it cost to build a home?”
After first contacting us, we will ask you for some information that will help us propose some service packages. Those packages will all have a proposed price. So you will always know in advance exactly how much you will be paying, and you will never be surprised by a bill. And all of our services are backed by our full guarantee – if you aren’t happy, you don’t pay.
We want to better understand how you are currently doing things so we know how to help. Here are some questions we will probably ask you:
- What accounting system do you currently use (if any)?
- How many employees do you have?
- How many bank accounts do you have?
- What are your long-term goals for the business?
You can check it out here.
Tax Information
In past years, refunds were normally processed 2-4 weeks after filing your tax return. To check your refund status visit https://www.irs.gov/refunds.
You can request an installment agreement from the IRS here – https://www.irs.gov/payments/online-payment-agreement-application.
Keep copies of your tax returns forever. Keep receipts for 5 years. Documents substantiating income or deductions – keep for 3 years after the date of filing the tax return. Documents related to purchase or improvement of residence – keep until you sell the residence (and for 3 years after).
