by Donna Harris | Nov 28, 2023 | Accounting, Bookkeeping
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...
by Donna Harris | Feb 6, 2023 | Accounting, Bookkeeping
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...
by Donna Harris | Jan 16, 2023 | Accounting, Bookkeeping
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...
by Donna Harris | Dec 27, 2022 | Accounting, Bookkeeping, Identity Theft and Fraud
If you’ve been following the implosion of FTX Group, Alameda, and Sam Bankman-Fried, you’re in luck. So have I. As the information starts to roll into courts, the question on everyone’s mind seems to be, How did this happen? How did SBF manage to...
by Donna Harris | Mar 22, 2022 | Accounting, Bookkeeping, Budgets, Self Employment, Self Improvement
Recently, I was talking with a client about creating a budget. We started from the idea that when creating a personal budget, you start with large liability payments (mortgage, car payment, credit cards) and then factor in expenses (groceries, utilities, etc). In...
by Donna Harris | Mar 18, 2022 | Accounting, Bookkeeping, Self Employment
What is the one subject business owners want to talk about the least? Like with most marriages, it’s money. I’ve recently had several discussions with business owners regarding compliance, taxes, and finances in general. The common theme was a...