We’re here to help provide you with some much-needed clarity about bookkeeping and accounting. We know it’s easy to confuse these two terms and professions. In fact, for most small businesses, entrepreneurs and creatives, it’s just plain confusing. They feel like the same thing…so what’s the difference?
Read MoreWe’re definitely not surprised by this question. In this article, we’re going to take a look at two of the most common forms we help file for small businesses and non-profits: 1099-NEC and 1099-MISC. We’ll walk through the steps to help you determine if you need to file a 1099 to someone you paid by your business.
Read MoreDo you know that when you own your own business, there are specific items that can and cannot be deducted when it comes to “work clothes”? Let’s take a look!
Read MoreYou’ve followed the steps in part one, How to Reconcile Your Accounts, you’ve checked the boxes, and your bank or credit card reconciliation STILL says “Difference of $XX.XX” in QuickBooks. Let’s walk through a few troubleshooting steps I run through every time I run into this issue.
Read MoreIf you’ve worked with us for any amount of time, you have heard about the importance of reconciling your business bank and credit card accounts. Here we walk through the steps to reconcile your bank accounts in QuickBooks Online.
Read MoreHave you been wondering what’s deductible and what isn’t when it comes to meals and entertainment in your business? Well, grab your favorite drink, and let’s see if we can bring some clarity to this confusing topic!
Read MoreHoneyBook is an “all-in-one project, invoicing and payments management tool.” We like to explain that this tool takes care of all the “money in” pieces of your business. But you will still need an accounting tool, like QuickBooks Online, to take care of the other half, the “money out” piece. Let’s set them up to play nice together!
Read MoreThe end of the year is one of the most common times for a small business to give bonuses or gifts to their employees, and this year is no exception.
Of course, there are some rules that do need to be followed when giving bonuses or gifts to employees.
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