2022

Have you started work as a freelancer but haven't filed your taxes by yourself before? Learn how an accountant can help handle your finances.

About Me
The Importance of Using An Accountant

When I started working from home as a freelance contractor, I knew that I was going to need to figure out how to file my taxes. I started paying close attention to my expenditures, and I decided to work with a professional to do my taxes. I was really happy that I had decided to work with a professional after filing for the first time. My accountant helped me to write off some of my expenses, and it was great to see how much I was able to save. This blog is all about the importance of using a professional accountant, and how it can help you.

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5 Times Tax Law Should Spur Estate Planning Changes

28 November 2022
 Categories: , Blog

Your estate plan is your last chance to affect your loved ones or causes close to your heart in a positive financial way. And most estate plans are based on personal relationships, family dynamics, and the financial condition of heirs. But when should tax law affect your plans? To help you make the right decisions about your estate, here are five times to consider. 1. When Limits and Thresholds Change Read More …

5 Ways Professional Bookkeeping Can Help You Better Manage Business Cash Flow

27 September 2022
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Cash flow is the lifeblood of any business. Managing cash flow effectively is essential to the success of any business, yet it can be a challenge, especially for small businesses. Professional bookkeeping can help you better manage your business cash flow and avoid common pitfalls. Here are five ways professional bookkeepers can help you manage your business cash flow more effectively: 1. Keep track of invoices and payments One of the most important aspects of effective cash flow management is keeping track of invoices and payments. Read More …

4 Business Activities You Can Streamline with Automated Online Bookkeeping

3 August 2022
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A bookkeeper can automate some business activities to streamline your business. The bookkeeper automates essential aspects of your finances and leaves you to focus on growing your operations. Discover four business areas that online bookkeeping can streamline. 1. Invoicing and Billing Automated bookkeeping allows you to forget the hassle of invoicing and billing customers. Instead, the bookkeeping software takes care of it, leaving you with more time to focus on other business aspects. Read More …

3 Common Tax Mistakes for Business Owners and How to Avoid Them

7 June 2022
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Within any given year, there are several tax issues that can impact business owners. If these issues aren't handled properly, it can lead to problems with the IRS and significant penalties. This post discusses three common tax mistakes that business owners should avoid. Filing Taxes Late Late filing can happen for many reasons, such as not having all the necessary documentation or simply forgetting to file. There's no penalty for filing late if you're expecting a refund. Read More …

Categorizing Accounting Expenses — 3 Pitfalls to Avoid

6 April 2022
 Categories: , Blog

Categorizing your accounting transactions is an important part of keeping accurate books that are useful to you and which follow good standards. But what pitfalls should you avoid as you create categories and charts of accounts for your business? Here are a few of the most common.  Categories Too Broad Many companies start out using the standardized expense categories provided with their accounting software. While these are a good place to begin, they are a one-size-fits-all approach. Read More …