Spring Cleaning (part 4)

Do you do a monthly bank reconciliation? We are not talking about glancing at your account online for a few minutes but thoroughly going through your account each month. Why? Because your bank account isn’t always an accurate reflection of your actual cash position,...

Sales Tax (May 2020)

At the current time news, recommendations and policies seem to be changing by the minute!  It’s our hope that you, your family, and your business are doing well despite all the uncertainty.  Many entrepreneurs have taken this time to pivot their business or add new...

Sales Tax (April 2020)

Our first quarter has just wrapped up!  What a crazy year 2020 has been. Has your business plan pivoted because of the COVID- 19?  Our hope for you is that your business is continuing to grow even during these uncertain times. If you are modifying your business plan...

Sales Tax (March 2020)

Are you sick of people telling you to wash your hands? How about to pay your sales taxes? (wink face) If you have decided to pay sales tax quarterly, that deadline is quickly approaching! If you are paying monthly that deadline is usually around the 20th of the...

Sales Tax (Feb 2020)

Monthly Sales Tax Reminder Here! Most states require monthly filings & are due around the 20th of each month. Click here https://www.avalara.com/simplify/en/avatax/download-tax-rate-tables.html  to find out your specific states deadline (link to listing of all...

Sales Tax (Jan 2020)

Does your business need to be paying sales tax? Only if you sell products! Businesses that sell services do not collect and remit sales tax. So, what do you need to do if you are a product business that needs to file sales tax? The simple answer is, there is no simple...

Spring Cleaning (part 3)

In our prior spring cleaning challenges, we have talked about opening a separate bank account designated for paying your taxes. You were then to put 25% of your monthly income into that account. Now we will discuss strategies to make sure your paycheck is as big as...

Spring Cleaning (part 2)

Have you been joining us for our biweekly Spring Cleaning challenge? To kick things off, we started with every business owner’s favorite subject, taxes! The first goal of this challenge was to open and designate a new account solely for taxes. Now you may be wondering...

Spring Cleaning (part 1)

If you’re like us, this extended quarantine is getting old! Your house is most likely already spotless and your home improvements are done. So how about a spring cleaning for your business? Join us for this biweekly challenge! This week let’s start by looking at your...

Accounting Tips and Tricks

QuickBooks online has served our clients and us well! But like anything new, it can be overwhelming to get started. Below you will find some accounting tips and tricks on how to make the most out of this software and which services you should take advantage of as a...