HAPPY NEW YEAR!!It is Day 1 of the new year lets start over!!ANALYZE YOUR BUSINESS TRANSACTIONS If you have already done financial forecasting for your business then this was done at that time. It does not matter how long you have been in business, you can still...read more
Home Office Deduction You have a home office, and you wonder what deductions you can use. The answer is it depends on how much of a home office you have and if you have a home office. Most small businesses are working from their homes. There are many...read more
Keeping track of your businesses financial transactions tells the whole story of your business. Making decisions based on these records can determine whether you stay in business or not.
There is this consistent debate about should people be able to work remotely. I work remotely and in an office. I get way more done when I work from home or in a remote location and here is why. Working in an office. Every employee does not have the same...read more
What do I do with the receipts I have? Should I keep them? YES! You are responsible for producing receipts if you are ever audited. Not your Accountant, Bookkeeper, Tax Prepare, Financial Advisor but YOU. It is ok to seek organization tips from those...read more
This is one of the most important steps in maintaining your financial records. This is one of the very first steps that should be taken when planning out your business. If you have already done financial forecasting for your business then this was done at...read more
WHY DO I NEED AN ACCOUNTING SYSTEM? To keep your financial transactions organized you need an accounting system. It does not matter what type of system you have as long as you can understand it. Your accounting system may be a collection of excel workbooks...read more