To Keep For 3 Years Credit Card Statements Medical Bills (in case of insurance disputes) Utility Records Expired Insurance Policies To Keep For 7 Years Supporting Documents For Tax Returns Accident Reports and Claim Medical Bills (if tax-related) Sales Receipts Wage Garnishments Other Tax-related bills To Keep Forever CPA Audit Reports Legal Records Important Correspondence […]

  All dates assume that the date falls on a business day. If the date falls on a weekend or holiday, the due date will be the next business day.   Estimated Tax Payments For the period: Due date: Jan. 11 – March 31 April 15 April 1 – May 31 June 15 June 1 […]

Record Keeping is important for every small business owner. It helps to have records easily found when filing papers for licenses, completing insurance audit forms, completing paperwork for human resource or payroll issues. You will save time and money if you have your records in order. Fines and penalties can be a costly incentive to […]

Resources: Small Business Development Center http://www.sbdc.eku.edu/ KY One Stop Business Startup http://onestop.ky.gov/start/Pages/default.aspx IRS EIN application http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/How-to-Apply-for-an-EIN State of KY www.Kentucky.gov KY Dept. of Revenue www.revenue.ky.gov IRS www.irs.gov Secretary of State www.sos.ky.gov Unemployment & Labor www.oet.ky.gov OSHA www.osha.gov City of Richmond http://www.richmond.ky.us Madison County http://www.madisoncountyky.us City of Berea http://www.bereaky.gov Richmond Chamber of Commerce www.richmondchamber.com Berea Chamber […]

If you are starting a new business, you are excited but you also have many tasks ahead of you. Sometimes the planning can leave you overwhelmed. Here are 4 important steps to getting started in a brief list to get you going. For additional help with requirements, see your local SBDC office. Let us help […]

QuickBooks… Handles many bookkeeping tasks automatically, saving you time. Generates helpful reports that keep you informed about the health of your business. Costs very little money, but it’s powerful enough to serve the needs of multi-million-dollar businesses. Can help you plan for the future by creating business plans and projected balance sheets. Can be thoroughly […]