Happy 2008!! It is a brand new year and time to start brand new habits. Go to your vehicle and if you did not take an ending odometer reading, do it now and write it on your calendar. This will show how many total miles you have driven for the year and we can then figure out the business percentage.

If you have an inventory of products to sell, stop reading and go take a count of what is on your shelves. Use one of your order sheets to take the inventory and then value it based on YOUR COST!! We will need this information when we start to prepare the return.

Start a new check register. No need to start a new checking account, just get a blank ledger and start it for 2008. You should have a new ledger/register each year.

Set up your filing box if you have not yet done so. Label it 2008 and buy a new box of manila folders and hanging folders. Download the Schedule C sheet off of our website, and make manila folders to hold the receipts for the expenses that apply to you and your business.

Check out our website: http://www.schwartzsystems.com
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Are you or someone you know, looking for a new preparer? Please give us a call for an appointment.
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Remember: If any of your information changes (name, physical address, telephone number, e-mail address), please let us know so that we can keep our records updated and keep the Tax Tips coming to you.
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See Jill in person!!! If you are interested in having Jill speak to your group, please contact our office at: 800-344-5155.
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NOTE: We do our best to send out our Tax Tips EVERY week. If you are receiving this because it has been forwarded from someone else and you would like to receive Tax Tips directly from us, please contact us with your name, address (street address, city, state and zip) and we will be happy to include you. WE NEVER SHARE OUR MAILING LIST!!!
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Please contact us with questions or comments at: taxtips@schwartzsystems.com
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This information is provided in an effort to help you gather and organize the information necessary to file your individual or small business income tax return. While these financial tools are not a substitute for financial advice from your personal financial advisor, they can be used as a starting point in your decision making process.

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This information is provided in an effort to help you gather and organize the information necessary to file your individual or small business income tax return. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.