Accounting

Accounting is the heart of the company. You are successful in your job or in your company. However, goals such as growth, consolidation, etc. often remain in place in day-to-day business. Strategic goals get out of focus. The same applies to the tax return. This is often seen as a chore, but not a real opportunity for the company.

With well-designed accounting and the associated controlling, small business owners and freelancers in particular can control your company and bring it on a growth path. The tax return itself is then a reflection of your data, figures and facts.
In particular, the granting of loans is made considerably easier by good controlling. On the one hand, many entrepreneurs underestimate the need for well-prepared figures and, on the other hand, allow their bankers to look too deeply into the economic situation.

What is accounting?

First criterion of solid accounting is the question of whether you want to submit a balance sheet or an income-surplus account is sufficient. The balance sheet is not always the ideal route to a good tax return. Sometimes it also makes more sense to complete the tax return with an income-excess account.
An accounting obligation arises in particular from § 268 HGB and §§ 140 f AO. Freelancers are exempt from this. In special cases, however, it can also be worthwhile for you as a freelancer to submit a balance sheet.

Second criterion is often the famous company car. The private car is often more sensible from a tax point of view than a sophisticated system consisting of a leasing vehicle and a combination of business and private trips.
Increasingly, freelancers use bicycles, trains and planes much more often than a vehicle to get to work or to customers. Here, too, there are arrangements that result in tax optimization.

The third criterion is the workplace and the work environment. The study plays a significant role here. In a brand new decision, the Federal Fiscal Court judged a very narrow interpretation of the study (BFH, 07/27/2015 - GrS 1/14). This decision is also extremely important for the question of how the company can ultimately be shaped for tax purposes.

Tax return and accounting

The tax return is then developed from the accounting department. These flow in particular to your personal peculiarities. So wealth creation, insurance, retirement provision, etc.

Summary: With a well-designed bookkeeping system and the controlling system developed from it, freelancers and entrepreneurs can define and realize their corporate goals.

The law firm works according to the network principle. You have one contact person for all of your legal and tax expertise. If you have any special questions, he or she will bring the necessary specialists for you, but will always keep an overview. That saves time and money. This ensures trustful cooperation.