Advantages of Accounting

Maintenance of business records.

Preparation of financial statements.

Comparison of results.

Decision making.

Evidence in legal matters.

Provides information to related parties.

Helps in taxation matters.

Valuation of business.

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18 tax deductions

Accounting fees

Advertising

Amortization

Auto Expenses

Banking fees

Board Meetings

Building repairs and maintenance

Business Travel

Business association membership dues

Charitable deductions made for a business purpose

Children on Payroll

Cleaning/janitorial services

Cameras

Collection Expenses

Commissions to affiliates

Computers and tech supplies

Consulting fees

Continuing education for yourself to maintain licensing and improve skills

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