As a business owner, it’s completely normal for some expenses to overlap between business and personal use. The tricky part is figuring out which portion is deductible — and doing it right can save you money at tax time. Done incorrectly, however, it can attract unwanted attention from the IRS. Here are some detailed examples to guide you:

Not every bookkeeping challenge looks the same—and neither should the solution. Depending on where your books stand today, you may need a catch up, a clean up, or sometimes both. Here’s how to tell which service is the right fit for your business.

Managing your business finances can be overwhelming, but breaking it down into smaller, manageable tasks can make all the difference. Here’s a quick guide to the essential bookkeeping tasks you should tackle monthly to keep everything running smoothly and your finances in check: Make sure all your business transactions, including sales, expenses, and other activities, are accurately recorded. Keeping things up to date prevents errors down the line. Reconcile your bank account

SIMPLE STEPS TO SETTING UP YOUR ACCOUNTING SYSTEM