Small Business Bookkeeping

4 Reasons to Start a Business in the Information Economy

The summer is over, fall is beginning, and it is time to get back into the normal routine. But what if you decided to do something different this fall? While the kids are in school, instead of coming home from work and spending two or three hours watching TV, how about turning those evening hours […]

4 Reasons to Start a Business in the Information Economy Read More »

What is the difference between Accounting and Bookkeeping?

Do you know the difference between accounting and bookkeeping? When many small businesses open up, the owners sometimes use those terms interchangeably but they do have noticeable differences. In your small business, you have to keep up with both functions. Here are the differences between accounting and bookkeeping:  Bookkeeping is the process of the record-keeping of all financial transactions

What is the difference between Accounting and Bookkeeping? Read More »

Top 3 Questions To Ask Your Accountant

The general rules about accounting may typically stay the same but the interpretation seems to always be different among business owners. Some accounting rules are basic to understand but some require accounting expertise to fully understand the details. We love to answer even the most difficult questions from clients, because our job is ultimately to

Top 3 Questions To Ask Your Accountant Read More »

Juggling Bookkeeping and Running a Small Business

World Juggling Day is one of those obscure global holidays celebrating the skill of juggling multiple items at once. Perhaps there is a full day dedicated to juggling because most of us do a lot of it in our personal and business lives. Small business owners can especially relate to juggling. Many entrepreneurs wear most,

Juggling Bookkeeping and Running a Small Business Read More »

Questions to Ask Before Hiring Your Next Bookkeeper

Every business regardless of size needs someone looking after their finances. Otherwise, there is no way of knowing what the organization is spending money on and more importantly, which areas of spending are providing a good return on investment. Some smaller businesses and entrepreneurs do their own bookkeeping, but this is not always recommended, unless

Questions to Ask Before Hiring Your Next Bookkeeper Read More »

Basic Accounting Tips for Small Businesses

Small business owners have a lot on their plate. As the owner of a small company, you have to wear a lot of hats. And one of the things that can take up a lot of energy is bookkeeping and accounting. The challenge is that whether you like it or not, the IRS will expect

Basic Accounting Tips for Small Businesses Read More »

Tracking work-at-home expenses: Tips for the Entrepreneur

Whether you’ve decided to open your own business or your boss has offered you the opportunity to work from home as an independent contractor, there are many tax advantages of which you may not be aware – valid business expenses that you can use to reduce your taxable income.

Tracking work-at-home expenses: Tips for the Entrepreneur Read More »

Scroll to Top