Small Business Tax Savings Podcast

Send us a textOn this episode Mike Jesowshek, CPA finishes our "All About Bookkeeping" series. If you  missed the first seven episodes, check those out. Here is what is discussed today:1) Not doing bookkeeping on a regular basis and not reading and analyzing your financials.2) Incorrect categorizing or over categorizing transactions.3) Failing to keep receipts for purchases.4) Recording personal items or payments to the owner as business expenses.5) Incorrectly recording major purchases and potential corresponding loans with those purchases.6) Not recording payroll correctly.7) Being unfamiliar or inexperienced with the entire process.--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/top-7-most-common-bookkeeping-mistakes-made/  FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTrainingJETRO Packages: https://www.jetrotax.com/packages/Book an Initial Consultation: https://harmonizely.com/mjesowshek--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and   many others visit our website at  www.JETROtax.com. You can also  give   us a call at 844-327-9272 or send your questions to us   at: Sales@JETROtax.com

Send us a textOn this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first six episodes, check those out. Here is what is  discussed today:1. What Is a Statement of Cash Flows?2. What Are the Different Parts of a Statement of Cash Flows?3. What Financial Statements are Important to Small Businesses?--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/10/12/what-is-the-statement-of-cash-flows-any-other-important-financial-statements/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and  many others visit our website at  www.JETROtax.com. You can also  give  us a call at 844-327-9272 or send your questions to us  at: Sales@JETROtax.com

Send us a textOn this episode Mike   Jesowshek, CPA continues our "All About Bookkeeping" series. If you  missed the first five episodes, check those out. Here is what is discussed today:1. What Is a Balance Sheet Recap?2. What Are the Different Parts of A Balance Sheet?3. Why Is A Balance Sheet Important? What Can I Do With the Information From a Balance Sheet?4. Final Items Related to the Balance Sheet--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/10/06/how-do-i-read-a-balance-sheet-and-why-is-it-important/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and many others visit our website at  www.JETROtax.com. You can also  give us a call at 844-327-9272 or send your questions to us at: Sales@JETROtax.com

Send us a textOn this episode Mike  Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first three episodes, check those out. Here is what is  discussed today:1. What Is a Income Statement (also known as Profit and Loss) Recap?2. What Are the Different Parts of An Income Statement?3. Why Is An Income Statement Important? What Can I Do With the Information From a Profit and Loss?4. Final Items Related to the Income Statement--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/09/28/how-do-i-read-an-income-statement-and-why-is-it-important/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and     many others visit our website at  www.JETROtax.com. You can also give us a call at 844-327-9272 or send your questions to us at: Sales@JETROtax.com

Send us a textOn this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first three episodes, check those out. Here is what is discussed today:1. What Is a Income Statement (also known as Profit and Loss)?2. What Is a Balance Sheet?3. Differences Between Income Statement and Balance Sheet--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/09/22/what-is-an-income-statement-vs-balance-sheet/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and    many others visit our website at  www.JETROtax.com. You can also give   us  a call at 844-327-9272 or send your questions to us    at: Sales@JETROtax.com

Send us a textOn this episode Mike  Jesowshek, CPA continues our "All About Bookkeeping" series. If you  missed the first two check those out. Here is what is discussed today:1. What Is Cash Basis Accounting/Bookkeeping?2. What Is Accrual Basis Accounting/Bookkeeping?3. Should I Use Cash or Accrual Basis?4. Example / Walk Through--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/09/16/what-is-cash-and-accrual-accounting/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and   many others visit our website at  www.JETROtax.com. You can also give  us  a call at 844-327-9272 or send your questions to us   at: Sales@JETROtax.com

Send us a textOn this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first one check that out. Here is what is discussed today:1. What Are Debits vs Credits?2. What Is a Chart of Accounts?3. Examples--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/09/08/what-are-bookkeeping-debits-credits-and-chart-of-accounts/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and  many others visit our website at  www.JETROtax.com. You can also give us  a call at 844-327-9272 or send your questions to us  at: Sales@JETROtax.com

Send us a textOn this episode Mike Jesowshek, CPA kicks off our "All About Bookkeeping" series with a important topic, what is bookkeeping and why do you need it. Topics discussed include:1. What Is Bookkeeping? Simplified Definition  2. What Is a Bookkeeper Responsible For?  3. Why Do I Need Bookkeeping?  --------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/09/02/what-is-bookkeeping-and-why-do-i-need-bookkeeping-for-my-business/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and  many others visit our website at  www.JETROtax.com. You can also give us  a call at 844-327-9272 or send your questions to us  at: Sales@JETROtax.com

Send us a textOn this episode Mike Jesowshek, CPA talks wraps up the S Corporation series with a nice summary of the prior 6 episodes.Here are the topics covered in the prior episodes and summarized here.1. What Is a Pass Through Entity?2. What Is An LLC and How Is It Different From An S Corporation?3. What Is An S Corporation and Why Should I Elect To Be One?4. What Are The Requirements For An S Corporation and How Do I Set One Up?5. What Is A Reasonable Compensation For An S Corporation Owner?6. I Have An S Corporation, Now What Do I Need To Know?--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/2020/08/19/everything-you-need-to-know-about-s-corporations/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and many others visit our website at  www.JETROtax.com. You can also give us a call at 844-327-9272 or send your questions to us at: Sales@JETROtax.com

Send us a textOn this episode Mike Jesowshek, CPA talks about what you need to know now that you are setup as an S Corp, specifically discussion S Corporation owner health insurance and accountable plans (aka reimbursement policy).  This is one episode in a multi-part  series that talks about S  Corporations. Be sure to check out the prior episodes as well to get  the full understanding.--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: http://www.jetrotax.com/2020/08/19/i-have-an-s-corporation-now-what-do-i-need-to-know/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and   many others visit our website at  www.JETROtax.com. You can also give  us a  call at 844-327-9272 or send  your questions to us   at: Sales@JETROtax.com