Bookkeeping In The Time Of Corona

Bookkeeping In The Time Of Corona

There are few mantras in the world as dependably true as the one regarding the government’s revenue services: “Don’t mess with the IRS.” As the economy tumbles through the tumultuous throws of a worldwide pandemic, government policies and actions come and go, new loans and payouts are dolled out, but the other old adage, ‘nothing in this world is certain, except death and taxes’ remains as true as ever, meaning you’d better pay what you owe, or else.

Accurate bookkeeping has always been key to not only staying in business but staying out of jail. Just ask Al Capone, the infamous Prohibition-era gangster who was caught not for the pile of bodies he left behind, but the 22 counts of federal income tax evasion he was eventually sentenced over. Crime may pay, but some of that had better make its way into Uncle Sam’s pockets or else you are going to run into some real state-sanctioned thuggery.

As the pandemic progresses and more government programs roll out to assist in the recovery effort, good bookkeeping might make the difference between your small business dying out in the economic destruction reeked by COVID and living to see another day. To best navigate these new and uncertain waters, you need to be constantly updating your financial knowledge to ascertain what programs you can take advantage of to stay afloat.

For many of us, that is a step too far in a direction we don’t specialize in or have time to learn about. There is not a lot of time to read up on how to repair a leak when your boat is quickly filling up with water, so for these matters we can turn to some of the experts. A great bookkeeper not only keeps up with your numbers, they also keep up with every new development to make sure they stay within the strict confines of the law while helping your company thrive in the new financial environment.

For our Orange County readers, there’s only one bookkeeping service we can think of that truly rises above the rest: The Bookkeeper Specialists. Jonathon Agee and his team work tirelessly to not just understand your business on a fundamental level, but also keep at the forefront of every new law you need to conform to and program available at your disposal. Pramod P. of Los Angeles testifies to the firm’s unceasing dedication on this front:

“Jonathon has assisted my business with multiple matters.  He assisted with transitioning from QuickBooks Desktop to QuickBooks Online.  He has assisted with getting the accounting in order.  Those are normal things that a good bookkeeper should be able to do.  What separates Jonathon is that he has taken the time to be well informed on financial matters of importance to small business loans.  Since he has done his homework on the Federal and California COVID-19 related financial relief programs he is a go to resource for information on those matters in regards to how those programs work and how to best apply for them.  Of course, he can also get your books and records ready for the applications.”

To get out of this pandemic alive both physiologically and financially, we need to listen to the experts. In regard to the latter, there is no better resource than The Bookkeeper Specialists in southern California. Remember: Don’t mess with the IRS, and don’t end up like Capone. Get the bookkeeping services you need now by looking up:

The Bookkeeper Specialists

(714) 694-3876

2050 W Chapman Ave #216, Orange, CA 92868