Home > Case Histories, Field Audits > Check Writing for Small Businesses

Check Writing for Small Businesses

Welcome to check writing for small business.

Rule #1: Never write a check to anyone without a memo description, period.

Rule #2: Never write a check to anyone that owns a business–use the business name, and what it was for in the memo section–always!

Rule #3: If the small business owner insists his name to be on the check, write it as JO DOUP dba (doing business as) HIS COMPANY NAME. Then, he can cash it if he wants, and your not in trouble for improper record keeping per Workers Compensation or Unemployment Insurance Departartments.

Rule #4: Write me a check for this advise. I charge $110 an hour to keep you out of trouble. For each check you write incorrectly, the workers’ compensation field auditor will charge you $250 using the Insufficient Records Penalty. I think I am reasonable.

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: