I Can't Afford an Accountant. 

What Is the Temporary Fix?

BUSINESS SUCCESS, TAX

Product Recommendation: Get ready for your taxes with QuickBooks SE (up to 50% off), QuickBooks OnlineQuickBooks Payroll, QuickBooks Checks and Supplies (15% off + free shipping)

We may earn a commission or referral fee when you click on the links appearing in this post. Read full disclosure.


LEARN MORE

Related Post


When to Hire a Professional for Your SMB Bookkeeping


Deducting The Right Way® Untangling Small Business Accounting & Taxes

Check out our book



Having a part-time or full-time accountant on your staff is not always possible, especially when you're starting out. However, you also can't avoid your tax deadlines (e.g., state sales tax returns, federal income tax return, state income tax return). So, what do you do?

DIY tax resources

If you absolutely need to stick with diy accounting or self-prepare your tax forms, then turn to reliable resources such as

TIP: Sign up for subscriptions and applications that professionals use (e.g., try the search term 'tax research').

Learning about small business tax deductions

Make peace with the fact you'll never gain the same level of knowledge as a licensed business accountant who has years of hands-on experience and one or more college degrees. It's why you need to pay for consultations from time to time (there's no getting around it).


It's also common to become frustrated because the subject contains technical language. Plus, you'll face a slower learning curve because the tax code has thousands of statutes. The rules may become amended or removed, so once you think you've mastered a subtopic, it can completely change.

Pressed for time? Click to listen. 

Last Updated: 12/11/2020

DISCLAIMER

Please consult with your accountant, attorney, and financial advisor before implementing any information displayed on this website. DIY research does not replace the advice of a licensed professional who has thoroughly reviewed your file.


SHARE THIS

SMALL BUSINESS MENTORING

Chat with an expert, rather than a search engine

 

Our group sessions cover the most frequently asked questions by small business owners. Don't keep wondering if the free advice you see online is correct. You’ll gain access to invaluable information with a licensed and experienced accountant you can trust. Get started.

 

Stay up to date with 

Deducting The Right Way®

 

Subscribe to the DeductRight newsletter for updates, freebies, and special offers.

We respect your privacy. Your data will not be shared or sold.


     Check out our other division