Detailed text transcripts for TV channel - MSNBC - 20110226:10:44:00
Tax. a mistake in the collection or reporting of sales tax can lead to big fines. two, not classifying employees correctly. if you hire an independent contractor, make sure you're aware of the tax implications. three, core petty cash management. set up a system to track who's spending petty cash and standardize the reporting process. four, not reconciling your bank accounts. check your account on a regular basis so you can spot any irregularities. and number five, failing to track reimbursable expenses. make sure you and your staff are tracking and filling their expenses in a timely manner. ...
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