OOPS! 2024 is coming to a close and you forgot to do your bookkeeping. You are not returning your accountant’s phone calls because you don’t have the information that he needs to your your tax return ...
Bookkeeping is not an emergency room business. You don’t need to be an expert, but you do need to have an expert on hand. Rushing through bookkeeping can lead to errors, missed opportunities, and ...
Ioften receive calls from researchers, scientists, and tech-based start-ups who have successfully obtained a grant from the government, like the NIH, Department of Energy or the Department of Defense ...
In-kind contributions can be an important source of non-profit revenue, particularly if the item or service is central to the organization’s mission. Often, in-kind gifts can help your non-profit ...
As a small business owner, handling bookkeeping can be overwhelming. While hiring a virtual bookkeeper is ideal, sometimes we find potential clients are not financially ready to outsource ...
If you pay your employees every other week but your income is recognized monthly, your revenue will not be matched to the expenses that helped earn it. On your income statement (P&L), expenses ...
Whether you operate a small business or a large enterprise, you will have to account for payroll. Properly posting and reporting payroll is a recurring task. If you follow best practices, you will ...
Running a successful business involves managing costs effectively. Two essential strategies come into play: Cost Avoidance and Cost Effectiveness. Let’s explore what they mean and how they impact ...
