Getting Ready for the 1099 Deadline
Many business owners grow accustomed to having flexible deadlines in their work. Sometimes dates must change due to product delays or client wishes. But when it comes to taxes and the 1099 deadline, there
Continue readingBest Financial Habits for Your Business in the New Year
Even in the best of times, many people enjoy setting intentions and resolutions when a new year rolls around. And under challenging circumstances such as we’ve seen in 2020, looking forward to a fresh
Continue readingWhat We’re Seeing with PPP Loan Forgiveness
For all the businesses that received PPP funds, and an EIDL Advance this year, we are seeing many ways to handle this revenue. We have been booking everything as a current liability. Then, as they are
Continue reading7 Business Tax Deductions That Might Surprise You
Since we are wholeheartedly barrelling toward the end of 2020 and the start of 2021, it’s time to think about taxes. When you own a small business, it can feel as if taxes have only one purpose: to rapidly
Continue readingDo I Need to Follow GAAP Rules for My Small Business?
Reliable and transparent bookkeeping and accounting practices are crucial for any size of business. But for small business owners trying to do it alone, all of the terminologies can be confusing. And in
Continue readingWhy and When Do You Need Outsourced Bookkeeping Services?
As a small business owner, if you are handling all of your company’s money flow, you may start feeling overwhelmed. Even with robust systems in place, your business bookkeeping needs can outgrow
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