Medical Billing Forum

Starting a Medical Billing Business => Starting Your Own Medical Billing Business => : shelbylmk March 16, 2017, 08:48:30 PM

: Accountant or Quickbooks?
: shelbylmk March 16, 2017, 08:48:30 PM
I am wanting to know if it is more beneficial for me to buy a product like quickbooks or is better to hire an accountant? Also, if you work out of the home how do you pay yourself out of the buisness? Do you write a check from your business account and claim that amount on your taxes as income or do you use like quickbooks with enhanced payroll and have the taxes taken out then write a check to yourself?
: Re: Accountant or Quickbooks?
: Michele March 17, 2017, 01:08:38 PM
We use both quickbooks and an accountant.  We use quickbooks to bill our providers, and to keep track of our finances for tax purposes.  Our accountant actually prepares our tax returns and also does our payroll.  Alice and I are on the payroll just like an employee.  Hope that helps!

: Re: Accountant or Quickbooks?
: shelbylmk March 20, 2017, 09:18:07 PM
Yes it does help...Thank you
: Re: Accountant or Quickbooks?
: voquendo6167 April 04, 2017, 04:33:14 PM
I wont be having employees for a while, so I wouldn't need an accountant until tax season right?
: Re: Accountant or Quickbooks?
: Michele April 05, 2017, 10:31:46 AM
Probably not.  Before we had our accountant do our payroll we didn't need him until tax time.