With tax deadlines just around the corner, many small business owners are finalizing year-end statements and getting their finances in order. How in the world, one might ask, does Social Media fit into the picture? In more ways than you might think!
There are many helpful social media and mobile resources that can assist with financial management and taxes. Some offer year-round support and others are specifically for tax season.
Tip’d (tipd.com) is an online social media community providing financial tips, news and ideas. Users vote for their favorite articles, ask questions, participate in discussions and add their own articles to showcase expertise. Article categories include finance, stocks, entrepreneurship, business, careers and more.
Finance 3.0 – Social Network for Finance (finance30.com) calls itself “the world’s best website for financial management, financial modeling, corporate finance, business valuation, quantitative finance and accounting.” It has a large article database, active discussion forums, resources for financial planning and even an entrepreneur group designed to help with business plans.
Tax time is seeing a number of organizations go above and beyond to offer help through social media. Turbo Tax Canada is stepping up its game with very active and helpful sites on Facebook and Twitter (@TurboTaxCanada). @HRBlockCanada is another great resource, and @CanRevAgency provides up-to-date information on tax laws and programs.
H&R Block and TurboTax both have mobile apps for advice (and filing help) on the go. Concur, Expensify, Shoeboxed and Receipt Filer are applications that itemize tax receipts and simplify bookkeeping all year long. InDinero provides small business owners with a complete mobile financial dashboard, and FreshBooks streamlines the invoicing process, saving time and potential headaches in the process.
This is just a snapshot of the wealth of social media and mobile resources that are available to small business owners to help them with taxes and financial management. So, when you don’t know where to turn, consider plugging in. The wired world is ready to help you.
Submitted by Frances Leary of Wired Flare www.wiredflare.ca