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Business Recordkeeping - Everything you ever wanted to know but were afraid to ask

What kind of Bookkeping system do you need?

Do you need to use a Double Entry system?

Tips - You may want to brush up on the rules

The IRS issued a bulletin and Revenue ruling that might answer many questions you  have on tips.

For example:

Did you know that when a restaruant imposes a minimum tip that technically it is not a tip but a service charge?

Tax FAQ about Same Sex Couples

The IRS has published a FAQ about taxing Same Sex Couples. 

It is in a relatively easy to understand Q&A format so if you have questions this may be the place to find the answers.

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