Lance's situation
Lance is a serial entrepreneur. His company works across real estate, public speaking, coaching, consulting, financial education and dance fitness, so his books cover a lot of different income and costs.
What I found
His books had categorization and reconciliation problems, and there were open questions about his current and prior-year taxes. That made it hard to see where the business really stood or to plan ahead.
What we did
- Reviewed his books in detail and fixed the categorization issues
- Solved the reconciliation problems, so bank and books agree
- Went through his current and prior-year tax questions
- Built a tax plan for the year ahead
In Lance's words
"Taz is a huge asset to my company because he's an amazing bookkeeper who's helped me to become more organized with my bookkeeping and my financial statements."
Lance Smith, Owner of Claysmile LLC
Full video transcript
Hi, I'm Lance Smith. I'm a serial entrepreneur. My company's involved in several industries such as real estate, public speaking, coaching, consulting, financial education, and dance fitness.
Taz is a huge asset to my company because he's an amazing bookkeeper who's helped me to become more organized with my bookkeeping and my financial statements. And also he is an awesome tax planner who's helping me learn how to apply certain tax strategies to minimize my tax liability, and also his pricing is very reasonable.
So I'm grateful to have Taz as my bookkeeper and as my tax advisor.
Every situation is different. Lance's experience is his own and is not a typical or promised result. Shared with his permission.
Want the same for your rentals? See short-term rental bookkeeping and the S-Corp Savings Audit.