The Importance of Professional Bookkeeping for Small Businesses

For small businesses, bookkeeping is an essential part of the tax planning process. Bookkeeping involves keeping track of your company’s financial transactions on a regular basis. With an organized log of all business expenses, you’ll be able to make accurate financial decisions and tax preparations. Key Takeaways:  Bookkeeping and accounting are technically two separate services–but.

1099 form questions

Your 1099 Form Questions Answered: What They Are, Who Should Get Them, and More

If you are a business who utilizes the services of independent contractors, freelancers, or other non-employees, 1099 forms are likely already on your radar. The same is true if you are one of those independent contractors or freelance workers. But, as with many tax forms, 1099s can be confusing. Read on for answers to the.