What are estimated taxes? Estimated taxes are taxes paid on income that is not subject to withholding. In other words, any income that hasn’t already had taxes automatically deducted. If you’re someone else’s employee and get regular checks, you’ll notice that a portion of your wages is taken out or withheld for taxes. That means […]
Make Bookkeeping Tasks Easier with a Schedule
Make Bookkeeping Tasks Easier with a Schedule If you break bookkeeping down into small and scheduled tasks, then it’s simple to stay on top of things. We suggest setting calendar reminders for yourself and your staff. Here’s how we suggest breaking down your bookkeeping tasks. At the end of this article there’s a link to […]
Outsourcing Bookkeeping Services: How They Help You Build a Better Business
Understanding all aspects of your business is part of being an entrepreneur. In the early stages, you have to get comfortable with every department. You are responsible for juggling customer service, sales, marketing, and balancing your bookkeeping. While this experience can be helpful in the long run, it can become overwhelming and inefficient. There is […]
1099 vs W2, does your small business have employees or contractors?
What is a 1099 employee? During the life of most small businesses, every owner might need help producing the deliverables and enlist persons outside their immediate family for help. Now the decision of how the helpers will be paid must be made. Should I pay this person as a 1099 contractor or W2 employee? Should […]
CPA VS Accountant: What’s the Difference?
If your business has reached the point where you need someone to take care of all the financial aspects, you probably come across CPAs and Accountants. But which one should you choose? Today we bring you all about CPA vs Accountant, what is the difference, whether there are any similarities, and which one is the […]
Common QuickBooks Errors
QuickBooks Errors and Solutions
Bookkeeping for a Growing Business
With new growth comes new responsibilities! Make sure your bookkeeping is prepared to manage new opportunities so you can thrive.