🛠️ Home Service Pros: Why Ignoring Bookkeeping Could Cost You Big This Tax Season
Running a home service business means you're always on the move. Between managing job sites, customer service, and scheduling—it’s easy for bookkeeping to fall behind.
But poor bookkeeping can lead to missed deductions, cash flow issues, and higher tax bills.
If you're a landscaper, plumber, HVAC tech, or general contractor in Northwest Arkansas, this is for you.
🔨 Track Every Job (and Every Dollar)
Each job has associated expenses—materials, mileage, labor, and subcontractors. If you're not logging those details, you're missing opportunities to reduce your tax liability.
Use software to track job costs and payments. It doesn’t have to be complicated—but it must be consistent.
đź’ł Keep Business Finances Separate
Mixing personal and business transactions is one of the top mistakes small business owners make. Open a separate business bank account and use it solely for your operations.
This simplifies your tax prep and keeps your financials clean.
📲 Use QuickBooks for Invoicing and Payments
Home service pros often struggle with late or missed payments. QuickBooks Online helps you:
Send professional invoices
Track payments and overdue balances
Automate reminders and receipts
It keeps your cash flow steady—and your books organized.
đź’¬ Frequently Asked Questions (FAQ)
Q: How should I track mileage for my plumbing business?
A: Use a mileage tracking app like MileIQ or QuickBooks’ built-in tracker to log every work-related trip.
Q: What expenses can I deduct as a home service provider?
A: Vehicle expenses, tools, materials, advertising, and business insurance are all deductible.
Q: Is it worth hiring a bookkeeper?
A: Yes. Most service providers recoup that cost through better tax savings and financial clarity.
Q: How do I prep for tax season?
A: Organize records monthly. Use software and work with a bookkeeper to avoid year-end stress.
Ready to Build a Stronger Financial Foundation?
đź“ž Book a free call with Dr. Bryan Raya, QuickBooks ProAdvisor, and get your finances back on track before tax season hits.
👉 Book Your Free Call Today
Let’s start Doing Business Right!
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