Archive for the ‘Information’ Category




Love your business again with updated bookkeeping.

February 5th, 2018

One of the biggest frustrations with running a business is “running” the business.  All the administrative work that must be done behind the scenes to keep track of the money.  If you started your business on a shoestring or you’ve been in business for a few years, you may HATE bookkeeping.  You can show your




Making 1099s SUPER EASY for 2018

January 29th, 2018

If you’ve read my blog posts for past three weeks, you know we’ve gone over how to collect information for and send out 1099s and why you must do them.  But I’m going to tell you that it can be so easy, you hardly think about it. By now you should have all the W-9s




How to Send 1099s Efficiently

January 22nd, 2018

Over the past few weeks we’ve discussed how to gather your information so you can send and file 1099s and why you must do them.  By now I hope you have everything you need to send out your 1099s, including how much you paid your contractors last year.  Now we just send them out and




Why should I worry about sending out 1099s?

January 15th, 2018

The short answer to that question is: It can be very expensive if you don’t send out your 1099s. The IRS requires that you send out a 1099 (and file it and the 1096 with the IRS) for each person to whom you have paid during the year: At least $10 in royalties or broker




Getting Ready for 1099s

January 8th, 2018

If you haven’t thought about sending out 1099s for your contractors since this time last year, you are probably behind the 8 ball and it’s a source of stress.  Don’t fret!  There are easy ways to gather the information you need to send out and file your 1099s by January 31st. First, determine to whom




A Five Step Plan for Dumping Your Bank

December 18th, 2013

From Daily Finance: http://t.co/QjTDmp15




What is the best bank for me?

December 17th, 2013

As VA I have a lot of experience with banks.  Small banks, big banks, local banks, national banks and I have to say, not all of them are created equal.  Pretty much all of them have online bill pay now, so that shouldn’t be a big draw if you are considering changing banks or opening




What information does my bookkeeper need to be efficient and effective?

April 15th, 2013

In reality, providing information your bookkeeper shouldn’t be difficult or time consuming.  A little planning goes a long way. First, she will need access to your bank accounts.  If she isn’t a full charge bookkeeper, read only access is fine.  Read only access means she can see everything but she can make no changes.  This




Why Web Developers Should Hire a Bookkeeper

March 18th, 2013

As a web developer or designer, you are likely pretty technologically savvy as well as being fairly business minded.  You can definitely handle doing your own bookkeeping and would rather not pay someone to do something you could very easily do yourself.  I think a bookkeeper is a better bet. Penny-wise and Pound foolish How




What’s the difference between Bookkeeping and Accounting? Isn’t it the same thing?

March 15th, 2013

Absolutely not!  While they are related, they are not the same thing.  Your accountant can do your bookkeeping, but a bookkeeper that isn’t a CPA should not do your accounting.  In general, an accountant prepares your books for external review.  External review can be anything from your taxes (the IRS is definitely an external force)