As we approach the end of 2020, it’s a great time to put some thought into getting you tax documents in order for year end, and how you can make this an easy transition into a new year! Watch the video above for all the tips and details. Don’t have time to watch the video? Here …
5 Tips to Make Year End EASY for Your Online Business Read More »
January is the Month of Resolutions & Fresh StartsWe all look to January as the time to clear our slate of the prior year, make plans for what we want the New Year to look like, and to set goals for our business/career, health, lifestyle and finances. While some are successful carrying out their plans, …
Do It Yourself or Hire a Professional?When it comes to income tax preparation, there are two types of folks: do-it-yourselfers and those who hire professionals.For many businesses, having a professional such as a bookkeeper or accountant prepare their income tax returns is the most sensible option. Not all of us have time to become tax …
Getting Your Records Ready For Your Tax Professional Read More »
I was recently listening to someone share in a group setting. They were talking about tax audits and everybody’s fear of being audited. I jumped into the conversation and it became very clear that most people had no clue. It was the fear of the unknown.Truly, nobody really knows what’s involved unless you’re part of …
Worried about an audit? Top 7 Triggers Explained Read More »
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 …
Expenses You Can Write Off For Your Online Business Read More »
Bookkeeper Vs. Accountant ~ Who Should I Choose? The answer? It depends on you and your business! Let’s break down some of the differences between the two.BookkeeperA bookkeeper is there for your day to day financial tasks. They will get your systems set up, teach you, train you, and help you be organized as you run your …
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 …
Starting A New Business? 3 Steps To Set Up Your Legal & Financial “House” From The START Read More »
Many people avoid looking for a bookkeeper for their business until they are a few years into their business and are either overwhelmed or in a pickle, usually with the Government over Sales or Payroll taxes. The list below should help make hiring a bookkeeper easier for you. What area do you need help with the …
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 …
Hilarious expenses people try to claim on their taxes Read More »
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 …
How the heck do I choose the right software to manage my business $$ Read More »
