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Accounting & Bookkeeping

Filing taxes
Independent Contractor Expenses Spreadsheet: Everything You Need to Know (Plus: Free Template)

Have you ever struggled to manage your financials as an independent contractor? If the answer is yes, you’re not alone. According to Freelancer Map’s 2021 study, 25% of freelancers consider […]

Bookkeeping Tips
Bookkeeping Tips for Small Business Owners

If you’re like many small business owners, you may tend to keep many of the financial details of your business in your head or through handwritten notes. This could lead to a myriad of problems down the road, not the least of which is an IRS Tax audit. This blog provides some key bookkeeping tips for small business owners and entrepreneurs. 

Moving away from outsourced bookkeeping
Why Business Owners are Moving Away from Outsourced Bookkeeping

By 2025, finance and accounting firms will lose 60% of their outsourcing contracts. That’s more than half of their usual patronage gone because buyers want more competitive prices and automated […]

Does Your Small Business Need Automated Bookkeeping?
Does Your Small Business Need Automated Bookkeeping?

If you’re sitting there thinking, But my bookkeeping is automated, I’m using a computer, it’s time to rethink what you know about automated bookkeeping. Using Excel spreadsheets and desktop accounting […]

Is Cloud Accounting Safe?
Is Cloud Accounting Safe for Small Businesses?

2021 is on track to be a record-breaking year for data breaches, with 1,291 breaches reported as of Q3 2021—and that’s after almost two years of reports citing an ongoing […]

How to Keep Track of Business Expenses and Why It’s Important

As a business owner, do you handle your own finances without the help of a bookkeeper or an accountant? If you do, you’ve likely had the experience of bookkeeping tasks—like […]

How to Keep Books for a Small Business: 13 Tips to Follow

If you dread bookkeeping but feel it’s not worth outsourcing, you’re not alone. Many entrepreneurs successfully handle their own financial books. The good news is that when you learn how […]

Rethinking Small Business Bookkeeping in the Age of Digital Banking

Small business owners spend too much time on their accounting and not enough growing their own businesses. Part of the issue is that the accounting and bookkeeping methods we use […]

What Does a Bookkeeper Do That I Can’t Do Myself? (Spoiler: Not Much.)

Many experts believe (and vocally declare) that every business needs a bookkeeper. We disagree. Technology’s capabilities have surpassed the need for human involvement in all but the most complex business […]

How Much Does an Accountant Cost (And How to Make the Partnership Profitable)

Warren Buffet famously says that “Accounting is the language of business.” The very best way to learn the language of your business — that is, accounting — is to hire […]

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