Essential Talks— Preparing Your Finances For Year End

If you're new to running a business, getting your books in order for year-end can seem like a sizable hurdle. But with the right organizational tools and know-how brand owners can cut down on the stress of this process. Maria Pearman, a CPA specializing in beverage alcohol, joins the Park Street Insider Podcast to shed some valuable insights and strategies that will help streamline the process of year-end accounting. 

• Accounting Housekeeping  - Pearman covers key aspects of staying organized with accounting; advising on the importance of ensuring that retained earnings align with prior years and reviewing open transactions before submitting to a tax preparer.

• Tax Strategy  - Pearman urges companies to plan for tax distributions to partners to cover potential tax burdens. 

• 1099s & W2s - She also emphasizes the importance of early preparation and communication with payroll providers to navigate complexities such as fringe benefits for S corporations. 

In this episode you'll hear from:

Maria Pearman, Principal, GHJ
 
Mentioned in this episode:

GHJ

Learn More About Park Street

Sign up for our Daily Industry Newsletter.
Sign Up for our Monthly Newsletter.

Check out Park Street's Guide to Getting Started in the U.S. Market

Follow us for more industry insights on

• LinkedIn 
• Facebook
• Twitter
• Instagram