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Comment by dan_sim | Hacker News Reader

In my sense, the only way to do it right is to have an accountant. It's his/her job. I know it doesn't sound "lean" (ho buzzword) but how would you react if a accountant would ask 'website resources for accountant?' and saying that he wants to make money out of a website?

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You definitely want to hire someone for this, unless you have a business background or are comfortable with accounting already. Accounting is something you REALLY don't want to fuck up, as the tax and legal consequences can be ugly.

At the very least look into hiring someone for a "bookkeeper" role. Often accountants, or others with an accounting background, will moonlight doing the books for small companies. Search craigslist or the equivalent in India.

That's a fact, pay someone for bookkeeping and at the end of the year, you'll make big savings when it's time to make your taxes. All your numbers will be right and they will not have to make their way in them because they already know them.

Any you recommend? Where should one start looking for a good accountant?

Where are you located? I have one I would highly recommend here in Colorado.

I live in Colorado. How much does a bookkeeper generally cost?

There's bookkeeping and there's accounting. Some accountants will set you up with a bookkeeper to take care of the more menial and regular tasks and then coordinate when that bookkeeper (or not) when the time comes for more formal and "artistic" accounting. The bookkeeper that comes into our office (Los Angeles) is billed around $20/hr.

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