HOW IT WORKS – ENTITIES


TABLE OF CONTENTS

HOW IT WORKS –
ENTITIES
Developed for use exclusively by:
Our customers/clients.
This information is an attempt to answer a few questions about your business entity. It is
not all inclusive but rather a place to turn to for a first reference when questions arise.
AT THE START: . . . . . . . . . 2 View
What needs to be done now.
PAYROLL DEPOSITS – OVERVIEW: . . . . . . . . . 3 View
Simple overview
THE FIRST QUARTER . . . . . . . . . 4 View
How an example quarter works – dates, filings
THE FIRST YEAR . . . . . . . . . 5 View
The deadlines, the filings
CHANGES . . . . . . . . . 6 View
salaries, location – addresses
BOOKS . . . . . . . . . 7 View
THE CHECKBOOK (or Journal)-all entries ( View )must show category or account (View) . 8,9
Example MINUTES: (n/a for Proprietorships) . . . . . . . . . 10 View
for annual company meeting minutes, etc.
SOME REQUIREMENTS / SUGGESTIONS . . . . . . . . . 11 View
payrolls, salary, minutes, 1099s, workmans comp., loans, client money saving tips
COMPUTER USAGE . . . . . . . . . 12 View
How we work: invoicing, past due accounts, canceled services . . . . . . . . . 13 View
ASSET SOLD/ BOUGHT, DEPRECIATION . . . . . . . . . 14 View
ANNUAL BUSINESS REVIEW – Use w/ annual meeting. . . . . . . . . . 15 View
A HIGHLIGHT OF RECENT CHANGES see blog
1099s who gets them, what amounts reported . . . . . . . . . see website or IRS Publ 334
Comparing entities . . . . . . . . . On consultation basis
Some options available . . . . . . . . . On consultation basis
renting office space, To hire family or not

GRID HIW TABLE OF CONTENTS GRID https://i2.wp.com/networthaffiliates.com/00_NetworthNetwork/NetworthBasics.com/pics/Tickler.jpg Above is an example only. Grid becomes live w/links activated for paid customers/ clients.