Six Accounting Strategies to Save Money in Your Business (Presentation in Spanish)

Date and time

-

Location

7340 Firestone Blvd
Suite 125
Downey, CA 90241

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Organizer

Carlos Delgado
carlos.delgado@scorevolunteer.org
805-816-7387

Host organization

SCORE Los Angeles

Type of event

Resource Partner event

Event description

We will explore how accounting is an essential tool for the growth and stability of your business. Most entrepreneurs do not know that accounting is applied before starting their business. We will analyze the right decisions that have to be made to save money, increase profits and pay less taxes.

In this Business Coffee Hour, we will review the following topics:

  • Business Legal Structure - What type of structure is the right one for your business
  • Accounting Method - Two types of accounting methods; what is the most suitable for your business
  • Accounting Requirements - Report that the IRS requires of any accounting in its annual tax return
  • Depreciation and Devaluation of Business Assets and Concept - How to apply it and how it affects the goods of the business
  • Tax Advantages - Implement tax advantages granted by the IRS
  • Hiring a Public Accountant – Why it is advisable to hire one for your business
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