The

Not Your Typical Bookkeeper

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5 Steps to Streamline Your Small Business Bookkeeping

As a small business owner, keeping your financial records in order is crucial for success. Proper bookkeeping helps you track your income and expenses, stay compliant with tax regulations, and make informed decisions for your business. However, bookkeeping can be...

Mileage Deduction vs Actual Expenses

As a small business owner, managing travel expenses is essential for maximizing your tax savings. When it comes to deducting vehicle expenses, you have two primary options: the mileage deduction vs actual expenses. Understanding the differences between these methods...

Understanding Profit Margin: A Guide for Business Owners

Profit margin is like a financial health check for your business, showing how well you're turning sales into profits. It's a crucial metric that tells you if your business is making money and how efficiently it's operating. Let's break it down in plain terms to help...

What is the Role of Advisory Services in Mitigating Economic Risk?

In the active business environment of Frederick, where innovation meets tradition, companies face various challenges and opportunities. In the dynamic economic world, businesses must not only struggle for growth but also strengthen themselves against potential risks....

How Online Training in Quickbooks Can Help You to Manage Your Finances Effectively?

In today's fast-paced digital world, managing finances effectively is important for individuals and businesses alike. With the rise of online platforms, traditional methods of financial management have changed, offering more simplified and efficient solutions. Among...

LastPass Security Breach

We’ve just been notified of further details of the recent security incident involving LastPass, a password management software.  Details Matter Bookkeeping uses this software to securely keep all of our client logins.  LastPass has a zero knowledge architecture, which...

2023 Deduction Changes

As the end of 2022 continues to fly by, I’m getting updates on some of the changes that will be happening in 2023.  I will keep you updated as I come across new rules, but here are the ones I’ve heard about so far.  We keep up with these rules and make sure that we...

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...

Origin Story

Hey peeps!  Now that I’ve got the blog up and running, I figured I’d throw in a little background on me.  My name is Katie Amori Hanna and I’m the daughter of Joanne Baum, who is also well known in the community.  I’m a Walkersville native and graduated from...

New software, more value

The new client portal is amazing!  We can send your uncategorized transactions to the portal and then send you a text or email to go in and check them.  And guys, this portal is fully mobile optimized!  So, you can answer questions or leave notes to us from your phone or tablet.  Big game changer for you!

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Bookkeeping & advisory services that let you get back to what you love.