[McAdam Siemon]

Hi Ellissac,

You also need to discuss this important decision with your accountant. All products listed are great and there are also a number more alternatives that would do the job for you no worries, however it is important that you choose a program that is compatible with your accountant. If your software is not compatible with you accountant or your accountant is not familiar with the software it could cost you $$$, due to them needing to spend more time processing the job. It is purely a time issue, the simpler you can make your information for your accounant the less time processing takes and the less it costs you for their tax services and the more you can spend with them on growing the business.

Clients and especially soloist business owners are constanly asking how they can reduce costs on accounting/legal/professional fees. The answer is get your information into the most compatible form you can to transfer to your accountant, so they can spend the minimum amount of time to process the work and the maximum amount of time helping you grow and consolidate your business.

Use your advisers time so you will derive the greatest benefit, everyone has to do a tax return you do not generate any income from it and it is of no real benefit to your business apart from compliance. Use your advisers as mini managers, they have a wide range of experience and can draw from many situations to give you great business advice.

Business owners should go to their accountants for ideas, use their knowledge!!

Good Luck