The Importance of a Strong Business-Bookkeeper Relationship

Proper bookkeeping gives companies a reliable measure of their performance. By keeping accurate records, your business can get a snapshot of its health in the form of financial statements such as income statements, balance sheets, cash flow statements and more. Enter bookkeeper!  Contracting a professional to assist you with your bookkeeping and accounting will ensure that you are getting the most…

Bookkeeping

How to Choose a Bookkeeper

If you run your own business, you know how taxing bookkeeping and accounting tasks can be. If it’s a responsibility you’re ready to get off your plate, we have some considerations to share while selecting a bookkeeping service.  Your bookkeeper must be aware of the business operations, goals and issues to do their job correctly;…

2020 Tax FAQ

Are my unemployment benefits taxable? Normally, yes however for 2020 the first $10,200 of unemployment benefits are tax-free.   What to do if I already filed my taxes and I had unemployment? The IRS also recently announced that filers who submitted their 2020 tax returns without accounting for a tax exemption on $10,200 of unemployment…