You may think that you don’t have time to get organized, but truthfully, you don’t have time not to. While it doesn’t do any good to rearrange piles of papers or clear off your desk if you don’t really file…
If you’re searching for tax and accounting services near me and aren’t finding what you need near you, a solution to your problem is available if you keep reading. For tax services San Diego and the surrounding communities can depend…
For double-entry accounting, every transaction on a balance sheet and income statement needs to have at least a debit and a credit. Different types of accounts have a debit or credit balance depending on what type of account they are….
Today’s gig economy brings with it good news for independent contractors considering what’s deductible and what isn’t: Write-offs for 1099 contractors abound. If you’re a freelancer, you need to be in the know so you can get all the deductions…
As you’re ramping up your small business, you may be ramping up your personal style as well – perhaps choosing nicer clothes or at least things that more perfectly fit the image you’re trying to cultivate. And, of course, the…
Among the many stresses of starting and running a business is determining which accounting method is best for your situation. What is the difference between cash and accrual accounting? And does it matter which your business uses? Your choice impacts…
The IRS online tax payment system is called the Electronic Federal Tax Payment System – or EFTPS. All new businesses get an EFTPS letter through the mail in a real IRS letter envelope. Your business will get this letter even…
Here’s the thing: Handling your own bookkeeping is a risky, tricky idea unless you have training in how to deal with numbers. But don’t let potential bookkeeping mistakes or snafus hold you back. Instead, get someone on your side who…
What is bookkeeping? Bookkeeping is the first step towards financial accounting and reporting of a company. It is the process of recording all the business transactions of an entity occurring throughout the financial year. The main types of entries include…