Max said:
11 March 2010 @ 22:33
Hi Justin,
My wife has a degree in Business Economics but initially failed your Spam protection filter :)
It shows that everyone can make mistakes and being good in building communities and e-marketing doesn´t necessarily mean that you realize that you have to keep your accountant up to date.
If things go well, you get carried away by the job and there is no time to collect all necessary stuff for an accountant to do his job.
So he asks the hacienda to postpone the official declaration and when it´s finally done you didn´t reserve the money for your profitable year. Happens to lots of small businesses which grow fast.
Good luck,
Max
Lesson learned the hard way.