Dropped $1,200 on a bookkeeper in Denver and she saved me $4,600 in penalties
I ran my own books for 3 tax seasons and thought I had it. Last spring the IRS sent a letter about payroll deposits and I had no clue what went wrong. Hired a bookkeeper in Denver for $1,200 a year and she found $4,600 in penalties I never noticed plus a filing mistake from 2 years back. She fixed both in about 3 weeks. Any other shop owners here using a real bookkeeper or still doing it solo?
Wait, you paid her $1,200 and she found $4,600? That's like hiring someone to find your lost keys and they come back with a winning lottery ticket lol. I'm curious though, did the IRS letter actually spell out the penalty amount or was it one of those vague "you owe us money, figure it out" deals? Because I got one of those two years ago and it turned out to be a $75 late fee that felt like a personal attack. Sounds like your bookkeeper earned her keep plus some.