Business

When Should I Start Paying Myself a Salary?

A potential client asked me recently whether business owners should collect a salary. The answer I gave was “it depends”. With that being said I do believe we should be compensating ourselves for the growth in our business instead of working for free. You may already be familiar with Denise Duffield-Thomas of luckybitch.com.  I’ve been following …

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Expenses You Can Write Off For Your Online Business

Business Expenses Can Help You Reduce Your TaxesWhether you are a brick and mortar business or an online business, there are many ways to write off different expenses to reduce your business taxes. As most of my clients run an online business, let’s review how and when an expense is good strategy.Tracking your business expenses …

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Getting your Finances in Line and Chasing Sharks in the Bahamas

That time where I had a chat with Luke Benjamin-Thomas of “That Marketing Dude Show” that started out as taking about all things bookkeeping, online business and finances the took a turn to talk of our shark experiences in the Bahamas.Have a listen Adult language warning   Show notes from “That Marketing Dude Show” In today’s episode, I …

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Starting A New Business? 3 Steps To Set Up Your Legal & Financial “House” From The START

It’s the first month of the year, believe it or not! How are your new goals coming along so far?! Just because the excitement of the holiday season is over doesn’t mean that you’ve forgotten your goals for the year, right? And for you, one of those dreams might be starting a new business.Whether you …

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The EASY way to save and share digital receipts for FREE

Check out the video below…This is a detailed walk through of a FREE way to save and organize all your digital receipts for bookkeeping and taxes. A Win-win for you and your tax preparer! I also have a great tool that I use with all my clients called HUBDOC that combines some of the parts …

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Hilarious expenses people try to claim on their taxes

I thought I’d share a highlight of one of my days recently…I belong to a Facebook group of Bookkeepers and Accountants and the top post of the morning was “Funny things clients have asked you to try and add as expenses for their taxes”. It was funny to start with then as the day progressed it …

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How the heck do I choose the right software to manage my business $$

Is this your question?Or how about this? I know I need to start tracking my business finances but have no idea where to start looking for bookkeeping software options. Or this one? My business is going crazy but I have no idea where my money is at. What do I do first?These are questions I hear …

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