Bookkeeping

This course is designed to provide a comprehensive overview of the role of bookkeeping in tax planning and preparation. The course covers topics such as setting up a chart of accounts, recording transactions, and preparing financial statements with a focus on tax implications. It also discusses the importance of maintaining accurate and up-to-date financial records for tax purposes, as well as common tax deductions and credits for small businesses. Additionally, the course covers the basics of tax law and how it applies to bookkeeping, including the tax implications of various business expenses and income sources. By the end of the course, students will have a thorough understanding of the role of bookkeeping in tax planning and preparation, and be able to use their bookkeeping skills to help minimize a company’s tax liabilities.