06/12/2026
Cheap bookkeeping isn't cheap.
Most business owners offshore their books to save money. I get it because the monthly cost is low and the math looks good upfront.
But I'm currently working an audit where my client's records were so disorganized I had to rebuild them from scratch. Five-year-old scans. Old photos. Piecing together what was filed on a tax return line by line.
They saved a few hundred dollars a year on bookkeeping.
They're now paying my hourly CPA rate to fix it with IRS penalties on the table.
Good books keep you from overpaying taxes every year. They also keep you out of situations like this.
Full breakdown in this week's newsletter. Link in comments.