A new year is not only a great time to set some goals for the year ahead, it’s also a great time to figure out how you’re going to keep the books for your business. It’s safe to say that most people don’t look forward to doing their bookkeeping, which means it can often take…
It’s officially time to close the books on 2020 and get ready for 2021. If you’ve been doing the bookkeeping for your own business for a few years, this is probably routine for you by now, but since 2020 has been anything but routine, there are some special considerations this year you might not have…
‘Tis the season, not only for giving gifts to our personal friends and family but for business owners, it’s also a time for giving corporate gifts to our clients, as well as our vendors and/or business partners. If you were planning on deducting those gifts from your 2020 business taxes, it’s important to remember that…
I know from experience that there are a lot of moving parts involved in starting a business, from setting up your physical space to launching your website. You’re in charge of making all the decisions and it can be overwhelming. You can’t do everything at once, so some things will just have to wait, but…
If you filed for a tax extension back in July, this is your heads up that the final deadline to file your taxes is coming up fast. With 2020 being so crazy (especially for healthcare workers), it’s understandable if you’ve forgotten that the tax extension deadline is almost here, especially since this year we had…