If you are a new small-business owner, maintaining control of your finances can be daunting. There is so much you must do already; collect piles of paperwork from your employees;withhold federal, state, and local income taxes; set aside Social Security, Medicare, unemployment, and worker’s compensation funds; and pay your business’s taxes to the appropriate agencies—all the while keeping them separate from your own. But you’ve got this…right? Except the Internal Revenue Service imposes gargantuan fines… Read More What New Small-Business Owners Ought to Know About 2019 Taxes
For many small business owners the sound of the word “audit” can be terrifying. Here are some things to avoid if you want to reduce the likelihood you will be “red flagged” by the IRS. 1. Not Reporting All of Your Income Not reporting your income is possibly the easiest red flag to avoid, but it is… Read More Scared of an Audit? These tips will help calm your nerves…
Starting a business can seem incredibly scary! It’s especially hard if you’re already working a nine to five and have a limited amount of time to focus on the tasks you need to accomplish before you can make your first sale. However, if you were born to be an entrepreneur nothing can deter you from… Read More The Easy Part of Owning a Business
Introducing Emma Orantes, Account Manager at Say Bookkeeping.… Read More SBK Team Spotlight: Emma Orantes
When running a small business, there are A LOT of things to have to worry about. However, with advances in technology, more affordable options, and better overall quality service; bookkeeping and accounting do not need to be one of them.… Read More What can a Virtual Bookkeeping firm do for my business?
At Say Bookkeeping we recognize the changing nature of bookkeeping and accounting due to advances in technology, and the evolving needs of small business owners.… Read More Say Bookkeeping is a Firm of the Future!
The new year always gives you the opportunity to reset, and commit to improving. As a small business owner, nothing is more important than your finances, and therefore, should be at the top of your resolution list in 2018. To make it easier for you to succeed, we have compiled a list of 10 bookkeeping… Read More 10 Bookkeeping Tips for the New Year
It’s that time of year again, the time of year when you are required to send out a Form 1099 to vendors who meet certain criteria. … Read More Things You Need to Know About 1099s
Have you ever heard of the three-way match? In accounting the three-way match refers to a procedure used when processing an invoice received from a vendor. The purpose of the three-way match is to avoid paying incorrect or fraudulent invoices. The question is, is this useful for small business owners or not? While this process… Read More The Pros and Cons of the 3-Way Match
There are a few different versions of IRS form 1040, and each one holds unique reasons as to why they exist. Do you know which version of form 1040 is right for you? Say Bookkeeping has put together a list explaining the different versions of IRS Tax Form 1040 so… Read More The many shades of IRS Form 1040