Software Packages To Help Cut Your Taxes. Small business owners listen up.

When your business gets audited by the IRS, 70% to 80% of you will lose and owe more money, according to the IRS’ latest statistics. (The definition of a small business is those with sales of under $5 million.)

One reason small businesses end up owing more taxes when they’re audited is that they have no bookkeeping system in place. The business owners either guesstimate their expenses or they fail to track their income at all, relying on 1099s to arrive to tell them how much they’ve earned.

Presently, there are so many excellent bookkeeping solutions available that there’s something to suit all budgets, business size, and industries. At http://taxsites.com/software2.html you’ll find at least 50 choices for small business accounting software.

Here are three of the more versatile accounting systems for small businesses with plans to grow large.

By EVA ROSENBERG
From Marketwatch

Full Story: http://www.startupjournal.com/runbusiness/taxadvice/20060328-rosenberg.html?sjcontent=mail

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Spring Cleaning: Putting Your Finances in Order

By BECKEY BRIGHT
Staff Reporter of The Wall Street Journal.

From The Wall Street Journal Online http://www.wsj.com/wsjgate?source=startupsite&URI=/

For those who are self-employed — whether you’re a consultant, free lancer, or home-based business owner — feeling secure in your personal and business finances can seem overwhelming. There are, however, a range of resources for help on managing, and growing, your finances if you’re on your own.

Full Story: http://www.startupjournal.com/runbusiness/survival/20060328-bright.html?sjcontent=mail