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3 Reasons to Separate Business & Personal Finances
Why is it important to keep business and personal finances separate? Many business owners struggle with this distinction. Using business money to pay for personal expenses or paying for business expenses on personal accounts can really hurt your business. Here are...
For the love of tax deductions…
For the love of tax-deductions, please keep your receipts! Write notes on them if you need to. The IRS will NOT accept bank or credit card statements as substantiation for expenses if you are audited. You have to show the business purpose of the expense. If you...
How are we different?
I’m so glad you asked! I do like to think we do things a little differently here at Details Matter Bookkeeping. To start, we do not do hourly rates. This was just a mess for both me and the clients back when I was first starting out. They never knew what their...
Why choose QuickBooks Online?
Should I switch to QuickBooks Online? Is it really that great? My CPA hates it. Well first, that’s why we have a job. But second, it’s not for everyone. There are certainly industries and situations where it’s not the best fit. And if you’ve been using desktop...
1099 Rules and what they mean to you
If you are one of our clients, you’ve probably gotten some questions in our portal about needing W-9 forms from vendors. I wanted to clarify on some of the rules, so whether you are a client or not, you’ll be prepared for January 31st when 1099s are due. What is a...
MarylandSaves Program
To all my fellow small business owners - I’m sure you’ve been hearing chatter recently about the new MarylandSaves retirement program that the state is rolling out and requiring participation. So, I went ahead and did my research and I’m bringing you the quick and...
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1234 Divi St. #1000, San Francisco, CA 94220
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