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CORONA TAX TIME STREAMLINES

UPDATES DUE TO THE CORONAVIRUS- JULY 15 IS THE NEW DEADLINE

https://www.irs.gov/newsroom/filing-and-payment-deadlines-questions-and-answers

During this time it can be difficult to uderstand how to keep a float while trying to get back to work.

HR BLOCK ONLINE CAN HELP AS WELL

Here are a few suggestions so that you can stay ahead of the game.

1. Use Paypal- #PayPal has alot of automated accounting tools that can help the lone entrepreneur. such as..

- Monthly financial summaries

-Annual financial summaries

- Invoicing/ reminder email invoicing

- A credit/debit card for business expenses

- Payment links for record keeping

- Website/ backend support so you can take payments online

NEW TAX CODE 2020

All of these tools will help you once you are ready to do your business taxes or want to see your revenue/ expense details for your business write offs. ( New Tax Code link)

2. Use Legal Zoom- this is very helpful when wanting a budget friendly option for incorporating or trademarking. www.legalzoom.com #legalzoom

3. Get a Marketing Consultant to help you- CONTACT BYB

I can help you organize, strategize and develop a plan to meet your financial goals. SCHEDULE a 1hr CONSULT online today!

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