Accounting, Bookkeeping & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.

Small Business Record-Keeping: 3 Best Practices & Tips

A well-structured financial system is vital to your business’s success, but accurate bookkeeping and recordkeeping can be daunting. While sometimes used interchangeably, bookkeeping and recordkeeping aren’t the same. Bookkeeping is a method of tracking funds and business documents that flow in and out of your business. There are two types: single-entry bookkeeping and double-entry bookkeeping. […]


Outsourced Bookkeeping: The Ultimate Guide

Watching your business grow is thrilling – you finally see the results of your hard work. Unfortunately, the more your business grows, the more time your bookkeeping takes.  You might spend hours categorizing transactions, chasing receipts, and compiling reports. Perhaps you dread filing tax returns because of your unorganized spreadsheets. Accurate bookkeeping is essential to […]


Bookkeeping 101: What Is Accounts Payable?

Accounts payable is central to bookkeeping and payment processes. It helps small business owners determine to whom they’ll pay debts, and it’s also helpful in noting the amounts on your balance sheet. Schedule My Free Call While you may think accounts payable only refer to short-term debt, you should know some valuable things. Continue reading […]


Do You Need an Accountant for Your LLC?

You’ve had that Eureka moment and founded a small business to realize that vision. You’ve even made it official by forming as a limited liability company business entity, commonly known as an LLC. Congratulations! Now what? Now it’s time to consider taxes and whether your LLC needs an accountant. Because if you don’t, you could […]


What’s the Difference Between Bookkeeping and Accounting?

Accounting and bookkeeping are vital processes that small businesses use to ensure their financial information is accurate and complete. Bookkeepers and accountants work with financial data, and both professions require a basic knowledge of accounting practices. Because of this, small business owners might think they’re one and the same. Regardless of their similarities, the functions […]


Bookkeeping for Truckers: 5 Tips to Keep Your Finances In Order

Truckers, as owner-operators, have a lot on their plates with the constantly evolving trucking industry. Between long-haul deliveries, managing their schedules, and maintaining their vehicles, there isn’t always much time to dedicate to bookkeeping. However, bookkeeping for truckers is just as important as it is for independent contractors in other industries. The bookkeeping process is […]