MAKING YOUR FUTURE A SUCCESS
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FUTURE BALANCE LLC WELCOMES YOU
Your Accounting Professionals
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THE HELP CENTER
All You Need To Know
WHAT ARE THE DIFFERENCES BETWEEN AN ACCOUNTANT, A CPA AND A BOOKKEEPER?
Bookkeepers handle the day-to- day tasks of recording financial transactions, while accountants provide insight and analysis of the data and generate accounting reports.
HOW LONG SHOULD I KEEP MY TAX RECORDS FOR?
Keep your records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later. If you file a claim for a credit keep those records for 7 years.
WHAT ARE THE BENEFITS OF A BOOKKEEPER?
Although you may think you save money by doing everything yourself, the fact is that a professional bookkeeper actually saves you more. That's because there is a reduced level of risk for human error, lack of knowledge, missed payments and tax obligation due dates and delayed accounts receivable.