sd4524
Senior Member
- Location
- Southern California
My first year in business and i have a question. Right now I have a few checks on my desk from commercial customers. Not small 1-2 man companies. They are both software companies that own their own building- so they have lots of money coming in and out every month. I was thinking of holding onto these checks and cashing them in January.
Is this a bad practice and disruptive to their book-keeping? Both are great customers. The amount is small to them but can make a difference to a one man show like me If I can wait to pay taxes on it for another 15 months.
On monday I am finishing a job for a homeowner and should get a check for $3500. I was thinking of bringing it up to them. "Do you mind If I cash this check next year? It would help with my taxes." I hate to do something like that to a homeowner near Christmas so I would ask them first.
What do other companies do as far as far as year end buying? Buy material in bulk? Pay for advertising for next year?
Is this a bad practice and disruptive to their book-keeping? Both are great customers. The amount is small to them but can make a difference to a one man show like me If I can wait to pay taxes on it for another 15 months.
On monday I am finishing a job for a homeowner and should get a check for $3500. I was thinking of bringing it up to them. "Do you mind If I cash this check next year? It would help with my taxes." I hate to do something like that to a homeowner near Christmas so I would ask them first.
What do other companies do as far as far as year end buying? Buy material in bulk? Pay for advertising for next year?