by Anita Forrest Tax write-offs are one of the best parts of being self-employed but it’s also one of the most confusing areas with many missing out on valuable deductions. So, if you’re freaking out every time you get a tax bill or just not claiming expenses because you can’t decide whether you are entitled […]
by Paul Koullick Whether you’re earning money in a side hustle, or have your own small business, it comes with some serious tax burdens. Many first-time self-employed don’t realize this and wait until the end of the year only to discover that they owe thousands of dollars to the IRS and forgot to keep expense […]
by Lisa Robinson So You Started a Business… Now What? Time to Take Charge of Your Business Finances! You love Freedom! That is why you started your business. Your business is your passion, your baby. And even though your fortunate to work doing something you love, you still need to contend with that little pesky […]
by Lisa Robinson Why keeping your Business and Personal funds in the same account is NOT a good idea. There are many of you reading this right now that are thinking – it can’t be that important?!?! Keep reading!! You will see that it actually is very important. So why would you want to […]
As the end of the year draws to a close, taxes may be the last thing on your mind. However, filing season is just around the corner in the US and I think you should know about some tax deductions you might be missing out on as a business owner. Home Office Deduction – In […]
by Lisa Robinson Entrepreneurs want to succeed more than anything but what they don’t understand is that there are mistakes they are making which are actually causing them to lose money. The good news is that these mistakes are easily avoidable. I am going to discuss 5 mistakes that are made which cause Entrepreneurs to […]
Getting paid is a pretty important part of owning your a business, so you want to make sure that it is as easy as possible for your clients to pay your invoice. If you are service based, or invoice for products, then these tips will get your invoices into tip top shape! 1. Branding […]
by Amanda Hoffmann | Featured Contributor There are six common tax mistakes I see as a bookkeeper on a regular basis. They are easy to implement and will have your finances in top shape for tax time! 1. Poor Record Keeping Practices Ensure you have a clearly labelled filing system Do not mix your personal expenses with […]
by Deborah Sweeney | Featured Contributor Happy New Year! Hopefully you had a relaxing and calm holiday season, because January is going to be busy. Most of us still need to wrap up everything from last year, get all of our bookkeeping in order, prepare for the quarterly payment due January 15th, and then the […]
by Rachel Rodgers | Featured Contributor So its been a year or two (or three) since you started your business but you still haven’t done some of the key housekeeping required to give your company a solid foundation from which to grow, have you? I know, I know. Its scary, confusing and you’ve been doing […]
