GHJ Beverage Alcohol Expert Talks About Preparing your Finances for Year End Park Street Insiders Podcast

GHJ Beverage Alcohol Expert Maria Pearman was recently featured on the episode “Essential Talks— Preparing Your Finances For Year End” as part of the Park Street Insiders Podcast, a podcast aimed at helping alcoholic beverage brands from the U.S. and around the world. In this informative episode, Pearman shares her expertise on a range of topics crucial for business owners, including:

  • Accounting Housekeeping: Importance of organization in accounting, advising on ensuring that retained earnings are consistent with previous years and emphasizing the review of open transactions before tax preparation
  • Tax Strategy: Insights on planning tax distributions to partners, helping businesses prepare for potential tax burdens
  • 1099s and W2s: Significance of early preparation and effective communication with payroll providers, especially regarding complex issues like fringe benefits for S corporations

This episode is a must-listen for anyone looking to streamline their year-end accounting processes and gain valuable insights into effective financial management.

Click here to listen to the full podcast.