M
Mark Tew
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Sep 17, 2026
Episode 32: Let's Talk Taxes (w/ Mark Tew from Not Your Dad's CPA)
7:21
7:27
7:41
K
7:06KendallHOST
And like what, if I've been selling for three years, is one of those something that I should be thinking about doing or am I fine to just continue how I've been doing it?

Mark TewGUEST
It just depends on what your goals are, how much sales and profits you're generating.

Mark TewGUEST
Um, but yeah, in, in the beginning, like I said, in the last question, you're a sole proprietor by default.

Mark TewGUEST
Um, and that's the, the, it's something like over 70% of small businesses in the U S are sole proprietors.
8 MINS LATER
H
15:37HannahHOST
What is the difference between the cash and accrual method for tracking? And which one is more preferred?