Since I just started records isnt an issue as of yet, but I'm going slow until I can be satisfied with calling my setup finished. I'll check out quickbooks. I started with my own spreed sheet on Excel for the incomes. I dont need to worry about reporting self income yet since this year I'm not paying myself, but I hope to next year. What little money the company makes is staying in the company for now...
I already know I wont be able to deduct my own salary from the business taxes, which is one reason I chose to not pay myself this year. I really didnt think I could deduct any salary from the business, but since you mentioned it can I deduct the pay I give the contractors?
