The founders who scramble hardest at tax time are almost never the ones with the most complicated...The founders who scramble hardest at tax time are almost never the ones with the most complicated...
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The founders who scramble hardest at tax time are almost never the ones with the most complicated finances. They're the ones who went 8-9 months without looking at their books at all.
Nothing about bookkeeping requires a scramble. A messy October doesn't happen because the business got harder to track — it happens because nobody closed the books in March, April, May...
If you can't tell me right now what you spent last month without opening five different apps, that's the actual problem. Not the tax deadline. The deadline is just when it becomes impossible to ignore.
Monthly close isn't a nice-to-have. It's the thing that turns "I'll deal with it later" into "I already know."
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Creatives on Contra have earned over $150M and we are just getting started