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Thursday, January 21, 2010

UNCLE SAM PAY$ you to do Ministry/Business - TAX NUGGET # 4


hEY bOO,

UNCLE SAM PAY$ you to do Ministry/Business - TAX NUGGET # 4

[Part 1 of 4] CATEGORIES for YEARLY BUSINESS EXPENSE REPORT
Calculate Monthly & Yearly Totals from RECEIPTS, INVOICE & STATEMENTS…



CATEGORIES EXPENSES / INCOME:
BUSINESS INCOME (Income receive and Honorariums)
BUSINESS ADS (Print, Radio, TV, All Promotional Events and Materials [Business Cards, Fliers, CDs, mixtapes, t-shirts], websites, pay-per-click online ads/banners, eblast promo services….)
BUS/INSURANCE & LEGAL/PROF (Entertainer, Car and Equipment Insurance; Pre-Paid Legal, Attorney…)
MEMBERSHIP FEE/DUES (Stellars, GMA, Higher Ground Record Pool, SAG, AFTRA…)

HOW TO:
GATHER MONTHLY AMOUNTS
(use receipts add up totals monthly for each category)
GATHER YEARLY AMOUNTS (use monthly totals and add up yearly total for each category)
ORGANIZING RECEIPTS & INVOICES (get a folder with 12 separate sections and label it JAN. – DEC.)
STAYING ORGANIZE (end of each month put All Receipts & Invoices in proper section)
SPREADSHEET EASY & FASTER (input totals in it, get from online or Tax Preparer, or use Quicken)
Make Taxes & Bookkeeping Easier 180x150  

n MUCH 'FAVOR', INTEGRITY, WISdom, WEALTH & HEALed,
MADAME-Boo
MadameBoo.com
SKYPE: madameboo1st

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