Including some that practically automate it for you. Luckily there are several software programs that make this process more pleasant. Yet even with an accountant, you still need to have a strong grasp of your own financials throughout the year…rather than waiting until the year has ended and trying to play catch up. In the Momentum program I share my approach to managing all of this and stress the importance of working with an accountant. Which means you’d rather be doing almost anything else because not only is it time consuming it’s also tedious. If you’re like most independent professionals and consultants, doing your accounting and preparing for tax time is about as exciting as watching grass grow.
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