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Disaster Strikes: The IRS Reminds Us Why Documenting Financial Data is Crucial
In the aftermath of a disaster, individuals and businesses are often left grappling with the destruction of essential documents and records. However, the IRS makes it clear: your burden of proof does not change just because documents are destroyed by an external...
The Vital Role of Bookkeeping
In the intricate world of taxes, there's a simple truth: good bookkeeping is your best friend. The recent case of Gobran v. Commissioner serves as a compelling reminder of why meticulous record-keeping is not just a chore, but a necessity for every business owner. The...
Unlocking Success: 7 Common Key Performance Indicators for Small Businesses
Running a small business is like sailing a ship in uncharted waters. To ensure you're on the right course and headed towards success, you need a compass. In the world of business, that compass is known as Key Performance Indicators (KPIs). KPIs are essential metrics...
Maximizing Travel Deductions for Small Businesses: The Power of Accurate Record-Keeping
Running a small business involves a multitude of expenses, from travel to client meetings to attending industry conferences. Did you know that many of these expenses can potentially be tax-deductible? However, it's not as simple as declaring them; the IRS requires...
Our Signature Service: Chart of Accounts Optimization
You already know we are #notyourtypicalbookkeepers, but there’s something that we do for every new client that I want to dive a little deeper into. I like to call it Chart of Accounts (COA) optimization. This service is designed to help you streamline your financial...
How does “Advisory” work?
So, now that we have added “Advisory” to our name, what does that actually mean? Clients in our Full and Premium packages (I’m working on new names for these) will be getting 1 on 1 deep dive strategy sessions with me either quarterly or monthly, respectively. So,...
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