Getting Started With A Bookkeeping Review As summer rolls around, many small businesses often find themselves juggling new opportunities and challenges. However, before you dive into seasonal plans, it’s crucial to conduct a mid-year financial checkup. This essential practice helps…
When tax season hits, many small business owners breathe a sigh of relief after filing a tax extension. It feels like buying more time — but in reality, it’s just delaying the stress unless you take action. That’s where The Clever…
Get Started Filed a tax extension this year? You’re not alone- and you’re not behind. Extensions are a smart way to give yourself breathing room when tax season gets a little too chaotic. But remember, the clock is still ticking.…
Quick Overview ⌛️As Q1 wraps up, it’s the perfect time to give your business finances a little spring refresh. Just like your home benefits from a good seasonal clean, your books deserve the same attention. In this blog, we’ll walk…
Quick Overview When managing a business’s finances, choosing the right accounting method is crucial. Two common methods- cash accounting and accrual accounting- determine how and when you record revenue and expenses. But what do these terms really mean, and how…
A vital component of managing any business is bookkeeping. It entails managing invoices, monitoring financial activities, and keeping precise records. However, bookkeeping, particularly for small firms, may be complicated and time-consuming. This is the point at which bookkeeping and accounting…
If you own a home in a community with a homeowners association (HOA), you’re likely paying monthly or annual HOA fees to cover shared amenities and maintenance in the area. But come tax season, you might wonder: Are HOA fees…