As a business owner with a set of “books”, you’ve probably come across this thing called the “Chart of accounts”. What is this, and why is it so critical to consider? So here’s the skinny: the chart of accounts is the literal backbone of your business bookkeeping. (Psst, your books are the backbone of your …
Everyone talks about how bookkeeping is a great way to prepare for taxes. That’s the first thing people think of when they think of “bookkeeping”. Ok, true. Having sound accurate up-to-date books certainly gives you a leg up for tax time. Having a valid Profit & Loss statement gives the accountant information that will streamline …
Trick or Treat is a child’s first sales pitch. Parents, make no mistake that Halloween is a business with transactions, and as with all transactions there are taxes. When you are sorting your child’s candy, it is a good time to teach them about taxation, so don’t forget to take a certain amount of candy …
Good Morning Employers, This is a friendly reminder to make sure that you have gathered the W-9 forms from your employees. The completion of this form is required for your contracted (or freelance) employees that have made more than $600.00 to receive their 1099 form at the end of the year. The W-9 form is …
