Category Archives for Bookkeeping Best Practices
How Does PPP Forgiveness Work? Where Do I Allocate the Funds?
With a new round of Paycheck Protection Program loans available, many small businesses are eager to take advantage of the help. The good news is that this time there is a $2 million cap, making it more
Continue readingA Bookkeeper’s Review of Payroll Systems for Your Business
Hiring your first employee as a business owner is an exciting step. However, it also brings a new requirement: payroll. Whether you have one employee or hundreds, you have to pay them, and payroll systems
Continue readingHow To Have a Smooth Financial Audit for Your Nonprofit
Nonprofits rely extensively on donations and grants to fund their stated work. In return for their charitable activities and services, they generally enjoy significant tax benefits. To help keep all the
Continue reading5 Ways to Spot Financial Fraud in Your Business
When you run a business, you hope that your employees will take pride in the work they do for you. But even the best bosses can find themselves with unscrupulous workers. And financial fraud in your business
Continue readingGetting 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
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