What’s The Difference Between an Employee and a Contractor?
An employee is someone who works for your business, and you pay them payroll and you pay payroll taxes on that money – about 10% employer payroll taxes on each
1099s are due by January 31st!
When you are paying an independent contractor (not an employee) and you paid them more than $600 in that calendar year, you are required to issue them a 1099 by
What’s the Difference Between Bookkeeping and Accounting?
They are related, both in the financial field, and there is overlap, which is why it gets confusing. Generally, an accountant has an accounting degree, and often they do taxes and
Should I Have a Bookkeeper Look at My Books if I Do My Own Bookkeeping?
Yes, absolutely. One-hundred percent. If you do your own books because you are not ready to hire a bookkeeper or because you like doing bookkeeping, it is still a good
Do Bookkeepers File Taxes?
Some bookkeepers file taxes. Some bookkeeping firms file taxes. On my team, I have a certified tax preparer who can do personal tax filings, LLC tax filings, and S-Corp tax filings. He
Do I Need to Own QuickBooks?
QuickBooks Online is a subscription service. If you start with the most inexpensive one, QuickBooks Simple Start, it costs about $25 a month. You own your information for as long
Would I Save Money By Hiring a Bookkeeper?
I believe that you would. A bookkeeper is going to be able to get things done a lot faster and more accurately than you would be able to do it
Should I Hire a Bookkeeper or Do It Myself?
I always think that a business owner’s time is worth thousands of dollars an hour in potential income. Now, this, of course, depends on where you are with your company.
What’s The Best Software for Bookkeeping?
I might be a little biased because I’m QuickBooks ProAdvisor certified, but I think that QuickBooks Online is the best software for bookkeeping. While, I “grew up” using QuickBooks Desktop,
