There is an impressive new website geared toward helping small business owners, and people thinking about starting their own small business. The site is sponsored by the IRS, so you know you can trust the tax topics. This site, IRS Small Business Resource Guide 2009, in addition to SBTV.com, are great ways to get your business started or organized.

If you would like some help getting started, help with your bookkeeping, or help with organizing your business data, please consider contacting me. With the technologies available today, location is often a non-issue! So, even if you are not in the Dallas-Fort Worth, Texas area, I may be able to help you get where you want to be with your business.

This is the time of year when many small businesses are scrambling to to meet budget and revenue goals, as well as prepare for taxes. Business owners can do themselves a huge favor by keeping accurate and current records of all business and financial transactions. If you wear many hats, including Accountant, be sure that you utilize your accounting software to the fullest extent. This will help you get through year-end close and taxes smoothly, so that you can focus more of your time on your business!

The IRS has announced the new mileage rates for 2009. Beginning January 1, 2009, the rate is 0.55/business mile driven, down 3.5 cents from the current 0.585/business mile driven. You can also find a wealth of information about taxes for your small business or self-employment at the Internal Revenue Service’s Small Business and Self-Employed Tax Center.

If you have questions or need help with your small business accounting, data systems, or reporting, please contact me at info@coakleysbs.com.

Happy Holidays!