{"id":4306,"date":"2022-11-25T07:50:00","date_gmt":"2022-11-25T13:50:00","guid":{"rendered":"https:\/\/cookco.us\/news\/?p=4306"},"modified":"2022-11-25T07:47:59","modified_gmt":"2022-11-25T13:47:59","slug":"year-end-bookkeeping","status":"publish","type":"post","link":"https:\/\/cookco.us\/news\/year-end-bookkeeping\/","title":{"rendered":"Year End Bookkeeping"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">November 26th through December 15th is the time to contact us&#8230;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you are contemplating year-end strategies to lower taxable income, a thorough review of your year-to-date financials is required as a prerequisite. As a reminder, our office will be closed for two weeks during Christmas and New Year&#8217;s. It is a time when all of our systems are updated in preparation for the coming tax filing season.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">We Get a Lot of Calls this Time of Year<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Inevitably the question we get is, &#8220;should I buy something for my business before year-end?&#8221; Our standard response is always the same. Never spend money just to save taxes. Even though you might save $1 for every $3 you spend, you will still be out $2, so it is not a good financial move. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">On the Other Hand &#8230;<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If the item you are buying is something you really need or want<\/li>\n\n\n\n<li>The item is something that will help you be more productive<\/li>\n\n\n\n<li>The item is something that will make your work easier<\/li>\n\n\n\n<li>The expenditure will increase your profit in the long-term<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Then go ahead and do it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>November 26th through December 15th is the time to contact us&#8230; If you are contemplating year-end strategies to lower taxable income, a thorough review of your year-to-date financials is required as a prerequisite. As a reminder, our office will be closed for two weeks during Christmas and New Year&#8217;s. It is a time when all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2022-11-25T13:48:26Z","apple_news_api_id":"e5837012-a52f-4439-a8df-00c14fd02c62","apple_news_api_modified_at":"2022-11-25T13:48:26Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/A5YNwEqUvRDmo3wDBT9AsYg","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[83],"tags":[],"class_list":["post-4306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/4306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/comments?post=4306"}],"version-history":[{"count":0,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/4306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media\/4307"}],"wp:attachment":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media?parent=4306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/categories?post=4306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/tags?post=4306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}