Now in its 27th year, this is one of the most successful and effective guides to preparing and analyzing financial statements, setting up bookkeeping systems, and planning for taxes. Featuring chapters on income and expenses, cash accounting vs. accrual accounting, numerous small business resources, and a rundown of facts about independent contracting, it has been updated to reflect the latest forms and worksheets. A favorite in classrooms and libraries and widely used in colleges, universities, small business development centers, and vocational training courses, the guide has helped hundreds of thousands of new entrepreneurs to understand and apply small business recordkeeping practices that have contributed significantly to increased profits.

Linda Pinson is the developer and publisher of the bestselling business-plan software program, Automate Your Business Plan. She was selected by the U.S. Small Business Administration (SBA) to write its government business-plan publication and has been honored as Education Advocate of the Year and SBA Regional Women in Business Advocate of the Year. She also served as a delegate and tax-issue chair at the White House Conference on Small Business. She is the author of numerous entrepreneurial books, including Anatomy of a Business Plan and Steps to Small Business Start-Up. She lives in Tustin, California.