Beyond the Bottom Line

Minisode: Common or Embarassing Questions

Miguel Alexander Centeno and Daniela Menache Season 1 Episode 24

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0:00 | 11:00

We get asked a lot of questions at Centurion Firm questions like, "If I can't pay my taxes, do I even need to file?" or "Isn't transferring money to myself the same as payroll?"

Most clients feel a little embarrassed to ask these questions out loud, so in this minisode, Miguel's partner, Daniela Menache, decided to answer them anyway.

There are no stupid questions, just real ones people are quietly Googling (or asking AI) instead of asking us directly.

We go through the ones we hear most: filing when you can't pay, whether the IRS actually knows your income, the real difference between an LLC and an S corp, why duplicate transactions show up in QuickBooks, and whether your business credit card really covers everything you buy with it. If you've ever nodded along in a meeting with your accountant while quietly wondering what a balance sheet actually is, this one's for you.