Understanding 1099s: What Small Business Owners Need to Know About Venmo and PayPal 1099K Implementation
As a small business owner, you understand that taxes are an integral part of running your business. Unfortunately, as the tax season approaches, things can get a bit hectic. One of the most significant concerns during tax season is dealing with 1099 forms. Every...
Why Remote Work is Here To Stay
I've made the mistake of getting on Reddit and reading through the WFH subreddit. There are a lot of folks on there commenting that their boss is demanding a return to the office (RTO). This brings up some very good questions. Why were employees permitted to work...
Streamlining Expense Tracking: Embracing Technology for Efficiency and Savings
In the world of bookkeeping and finance, keeping track of expenses is a crucial task. However, traditional methods of expense tracking, such as manual data entry and paper-based systems, can be time-consuming, prone to errors, and inefficient. Thankfully, advancements...
Embracing the Paperless Revolution: Saving Money and Simplifying Bookkeeping
In today's digital age, technology continues to reshape the way we work and live. The business world, including bookkeeping, is no exception. One of the most impactful changes has been the shift towards going paperless. In this blog post, we'll explore the benefits of...
Defining Business Expenses
Common question - what are business expenses? And how do you define them as opposed to personal expenses? If you're the business owner, they're the same thing, right? Not so much. Let's unpack them. Business expenses are incurred by the business in the expectation...
Working Remotely – How to Know If Staff Are Doing Their Jobs
Working remotely has become increasingly common in recent years, as digital technology has made it easier than ever to stay connected with colleagues and clients without having to be in the same physical space. However, managing remote staff can present unique...
Dollars and Sense: Best Practices for Internal Accounting Controls
Keeping track of your finances is one of the most important parts of running a business. As a small business owner, it’s up to you to ensure that your accounting practices are compliant with applicable regulations, accurate and up-to-date. When it comes to creating...
Get Real! A Guide to Setting Realistic Accounting Expectations for Your Small Business
Accounting can be daunting for small business owners. With countless forms, reports and deadlines, it’s easy to become overwhelmed. But don’t worry - setting realistic expectations can make the process a lot easier. In this blog post, we’ll discuss what you should...
Can Your Accountant Help You Avoid All Taxes? (Spoiler Alert: No)
It's tax season, and for many small business owners, that means it's time to start worrying about filing, paperwork, and... taxes. But if you've got a great accountant, can they help you avoid all of the stress and hassle of taxes? The short answer is no—but they can...
Good News for Small Business Owners – The IRS Delays $600 Reporting Threshold
If you’re a small business owner, you’ve probably heard the news that the IRS was planning to lower the reporting threshold to $600 for third party settlement organizations. Fortunately, they recently announced a delay in the implementation of this change. Read on to...
Donna Harris
Owner
Donna Harris, BSci Accounting, MBA, founded Bookkeeping Made Simple with the understanding that small businesses is the heart of the American economy. After offering to do books for a friend who said he didn't have enough work to keep someone in the office 20 hours a week, she recognized the need for an efficient, online system. She has 20 years of bookkeeping and accounting experience and is excited to help small business owners achieve their goals. She enjoys spending time with her family and traveling whenever possible. She also loves reading, hiking, camping, cooking, yoga, and fitness. A huge believer in lifelong education, she is currently working on her master's in Accounting.