Author: Josh Keppen
-
The Ultimate Small Business Tax Deductions Worksheet for 2022
If you’re a small business owner, there’s a good chance thinking about taxes stresses you out. You’re not alone. The fear of making a mistake on taxes terrifies many people. A recent Pew Research study showed that the complexity of the federal tax system significantly bothers 47% of Americans. Well, there’s good news: tax preparation…
-
How to File Independent Contractor Taxes 2022
Disclaimer: This blog post is intended to provide generalized information designed to educate a broad segment of the public. It’s not personalized tax, investment, legal, or other business or professional advice. If you have questions, speak with a qualified professional. Every month, employers all over the US withhold taxes from their employees’ paychecks. But for…
-
Free Independent Contractor Expense Spreadsheet
Have you ever struggled to manage your financials as an independent contractor? If the answer is yes, you’re not alone. According to Freelancer Map’s 2021 study, 25% of freelancers consider accounting one of the greatest challenges of self-employment. 21% also said that trying to do their own accounting was one of the biggest beginner mistakes…
-
Bookkeeping Tips for Small Business Owners
If you’re like many small business owners, you may tend to keep many of the financial details of your business in your head or through handwritten notes. This could lead to a myriad of problems down the road, not the least of which is an IRS Tax audit. This blog provides some key bookkeeping tips…
-
Why Business Owners are Moving Away from Outsourced Bookkeeping
By 2025, finance and accounting firms will lose 60% of their outsourcing contracts. That’s more than half of their usual patronage gone because buyers want more competitive prices and automated alternatives. And thanks to limited funds and less staff, small businesses are looking for even more flexibility. Outsourced bookkeeping is on the decline because it…
-
Raven Announces Scanner Integration to Neat
The Raven Scanner integration with Neat allows small business owners to scan directly into Neat. HOUSTON, FEBRUARY 09, 2022 Raven, the leader in document scanning technologies, announced a direct integration with The Neat Company, a leader in bookkeeping automation and financial document management for small businesses. Raven and Neat bring together the industry’s most highly rated document scanners with…
-
Does Your Small Business Need Automated Bookkeeping?
If you’re sitting there thinking, But my bookkeeping is automated, I’m using a computer, it’s time to rethink what you know about automated bookkeeping. Using Excel spreadsheets and desktop accounting software might be more efficient than keeping a written ledger like an 18th-century shoemaker, but you’re still inputting and verifying your financial transactions manually. Bookkeeping…
-
Is Cloud Accounting Safe for Small Businesses?
2021 is on track to be a record-breaking year for data breaches, with 1,291 breaches reported as of Q3 2021—and that’s after almost two years of reports citing an ongoing spike in cyberattacks since remote work mandates began. Even though cybercrime has been all over the news lately, small business owners often have so many…
-
How to Keep Track of Business Expenses and Why It’s Important
As a business owner, do you handle your own finances without the help of a bookkeeper or an accountant? If you do, you’ve likely had the experience of bookkeeping tasks—like recording business expenses—falling to the wayside for a multitude of reasons (e.g. you’ve been really busy or the idea of bookkeeping summons a deep dread,…
-
How to Keep Books for a Small Business: 13 Tips to Follow
If you dread bookkeeping but feel it’s not worth outsourcing, you’re not alone. Many entrepreneurs successfully handle their own financial books. The good news is that when you learn how to keep books for small business, it makes important decisions easier and minimizes preventable financial mistakes. Good bookkeeping—that is, the record keeping of your business’s…