by Maya Weinreb | Dec 16, 2020 | Bookkeeping, CARES Act
The CARES Act charitable donations rules temporarily changed federal tax law to encourage giving by expanding deduction options for cash gifts during 2020 and 2021. A lot of people have been asking me about the CARES Act and data about rollover for donations. Here is...
by Maya Weinreb | Dec 3, 2020 | Bookkeeping
Understanding the difference between bookkeeping and accounting helps business owners manage financial records, reporting, and compliance more effectively. They are related, both in the financial field, and there is overlap, which is why it gets confusing. Generally,...
by Maya Weinreb | Nov 20, 2020 | Bookkeeping
Deciding whether to have a bookkeeper look at your books can help you catch errors, stay compliant, and make smarter financial decisions. Yes, absolutely. One-hundred percent. If you do your own books because you are not ready to hire a bookkeeper or because you like...
by Maya Weinreb | Nov 12, 2020 | Bookkeeping, Taxes
Many business owners wonder whether bookkeepers file taxes, and understanding the role of bookkeeping versus tax filing can help you avoid errors and compliance issues. Some bookkeepers file taxes. Some bookkeeping firms file taxes. On my team, I have a certified tax...
by Maya Weinreb | Nov 5, 2020 | Bookkeeping, Quickbooks
Many small business owners ask if they need to own QuickBooks, and the answer depends on your bookkeeping needs, transaction volume, and financial management approach. QuickBooks is a popular accounting software that helps track income, expenses, invoices, and...
Recent Comments