Bank Deposits question

[jeffery1969]

I appreciate the advice.

[Business Attorney]

It's usually a good idea to have an accountant but it is also important for every business person to understand basic accounting principles, like revenues, expenses, marginal costs, fixed overhead, capitalized expenditures, depreciation and amortization, etc... Your accountant can set up your books, do the bookkeeping entries and prepare your tax return, but you need to understand basic accounting principles to make routine business decisions.

Your questions about reporting taxes in 2012 versus waiting for 2013 indicates to me that you don't have the basics down. While you might pick it up as you go, I suggest that you consider finding an entry-level accounting class at a local community college. It would be a very good investment.