Accounting and Taxes Crash Course for Remote Cleaning CEOs
As the CEO of a cleaning company, or any company, it's essential to have a high-level understanding of accounting and tax-related concepts so you can make the best possible decisions for your business. The objective of this 22-page book is to provide you with a high-level understanding of all of the different business structures that you can choose from for your cleaning company, and the pros and cons of each corporate structure. In addition to a deep dive into the differences between hiring a 1099 contractor versus a W2 employee, and more.
Accounting is hard, taxes are hard, and many people would rather get a root canal than worry about filing taxes for their businesses. The purpose of this book is to break these concepts down in language that actually makes sense, so you can hold a conversation with your CPA without feeling like you’re listening to someone speaking to you in another language.
This handbook will cover the following:
How and when do you file taxes?
What do you pay taxes on?
How should you structure your business?
- Sole Proprietorship
- General Partnership
- Limited Partnership
- Limited Liability Partnership (LLP)
- Limited Liability Corporation (LLC)
- S-Corporation
- C-Corporation
Employees VS Contractors: What do you need to know?
Things to ask when hiring a CPA
Appendix
ALSO INCLUDES a zip file with all of the tax documents that you’ll need for your business, broken down into sub-folders based on the business structure that you choose, so regardless of how you choose to structure your cleaning company, you’ll know exactly what's needed in terms of tax documentation.
Like The Remote Cleaning CEO Handbook, I’ll be continuously adding to this to continue making it better. If you’re interested in getting a taste of the type of content that this guide includes, check out my Twitter @pontodotdev.
DISCLAIMER: This book is written based on US tax and accounting laws. For this reason, if you live outside of the United States, this book will likely not be relevant to you.