I’m not here to make you feel bad or dumb. There’s a reason I have this list, it’s because I see these mistakes all the time, which means you’re not alone! But I want you to have the best information and practices to keep you compliant, secure, and financially successful.
Did anyone ever sit you down and teach you how to balance your checkbook? If you’re under 30, I’m guessing probably not. (Actually, if you’re under 30, I’m guessing you don’t even have a checkbook). Most people just check their bank balance to make sure they can afford something and then pay it, never thinking …
Why You Should Reconcile your bank and credit card accounts Read More »
Everyone likes to see their income and expenses broken down in a way that makes sense and shows us the information we really need to see. A great bookkeeper will customize your chart of accounts to accomplish this, as well as to be easy when it comes to tax time. But until you’ve got someone …
3 most common miscategorization Errors in Bookkeeping Read More »
We all probably know that women still earn 82 cents to every dollar a man makes, so we’re making 18% less in a typical employment situation. Maybe this is even why you went out on your own – because you were denied promotions or raises at your 9-5 jobs (or 9-9, in some cases). But …
I’m not going to go into how we as women have so much expectation and pressure on us – both societally and self-imposed. I won’t go into how we all feel like we have to be everything to everyone and still try to be a person of our own. We’ve all heard it, we all …
I’ve already talked about the top 3 things I do to reduce my overwhelm before it starts (see that here). I already mentioned in the Outsourcing section about making a list of all the things you have to do and starring what you hate so you can make a plan to outsource it. But what …
Last week I talked about what “writing something off” actually means – particularly that it doesn’t mean FREE money from the government. 🙂 So what are the business expenses that will reduce your tax liability? Legal and accounting fees – the people who do your books and your taxes help you save money on taxes! …
I hope I’m not the first one to break this news – I try to avoid p*ss*ng in people’s cornflakes if I can – but it’s important to understand that “tax deductible” doesn’t mean “free.” It doesn’t mean the government pays you dollar for dollar for any business expense your heart desires. What each expense …
Bookkeepers come in all shapes and sizes, colors, genders, educational and cultural backgrounds, and corners of the world. But we all fall into one of three categories: bad bookkeepers, decent bookkeepers, and f’ing bananapants amazing bookkeepers. Okay, so maybe that’s a little too black and white, because many of us are somewhere in between. But …
We all strive for work life balance, right? But that looks different for everyone. And when you own a business, you’re going to be excited about it. Obsessed with it, even. And that can feel great! Maybe even a little addicting. But it can also lead to the dreaded “B-word”: burnout. 🥵 Even when I’m …
The #1 Life Hack that Improved my Work/Life Balance Read More »
Check off those boxes, baby! All the tasks you should be doing on the reg to keep your books compliant and useful.
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