If you’re new to running a business, getting your books in order for year-end can seem like a sizable hurdle. But with the right organizational tools and know-how brand owners can cut down on the stress of this process. Maria Pearman, a CPA specializing in beverage alcohol, joins the Park Street Insider Podcast to shed some valuable insights and strategies that will help streamline the process of year-end accounting.

  • Accounting Housekeeping  – Pearman covers key aspects of staying organized with accounting; advising on the importance of ensuring that retained earnings align with prior years and reviewing open transactions before submitting to a tax preparer.
  • Tax Strategy  – Pearman urges companies to plan for tax distributions to partners to cover potential tax burdens.
  • 1099s & W2s – She also emphasizes the importance of early preparation and communication with payroll providers to navigate complexities such as fringe benefits for S corporations.

In this episode you’ll hear from:

Maria Pearman, Principal, GHJ

Mentioned in this episode:


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