Please read the following to better understand your obligations, which I hope will clarify our mutual roles working together.
You are obligated to comply with a [seemingly overwhelming] set of legal, accounting, and tax-related responsibilities associated with the privilege of owning and running a business. This obligation remains with you even though you may be unfamiliar with the rules.
Some of your responsibilities may include:
Maintaining complete accounting records for tax-reportable business transactions
Maintaining receipts containing clear descriptions of products and services purchased and the business reason for such.
Maintaining bank records (cancelled checks/statements) evidencing payment of products/services for which you have receipts
Compliance with tax deductibility associated with travel, meals, and entertainment expense
Compliance with tax deductibility associated with business automotive use
As a consultant, my objective is to address your stated concerns. I may inquire of you if I become aware that your accounting system does not meet your obligations or I notice noncompliance in the course of addressing your stated concerns. However, I attempt to minimize additional inquiries in order to focus on your stated concerns. In other words, my objective is not to expand your engagement without your request/consent to do so. For this reason, I urge you to inquire if you feel uncertain or unfamiliar with any areas of your responsibilities in the tax and accounting arena.
I appreciate the opportunity to consult with you on expanded areas of your obligations, and will do so generally only when you request such. I want you to be in control of how I work with you.
Forney Accountancy Bryce Forney, CPA Bryceforney@Gmail.com 925-323-2892 Phone/Text 1973 Faye Ct Pleasant Hill CA 94523-3307