Gain Insights

Stay informed and know what’s important to your organization.

Nothing in life is more is more exciting and rewarding than the sudden flash of insight that leaves you a changed person.

Arthur Gordon Webster


To Hire or Not To Hire?

Did you know that hiring a bookkeeper is A LOT cheaper and easier … than trying to DIY your finances and dealing with late tax penalties? 🤔 We know – it’s not exactly an unbiased claim 😜 but we can prove it, we promise. Just for example purposes, let’s look at two business owners this week to compare. So, let’s say that both business owners are florists and they both had revenue of $200k in their stores last year. We’ll call the first florist Herb;

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Tax Season – How Did It Go?

So – how did tax season go for you this year? 😬 🧘🏻‍♀️ Was it calm and organized … or stressful and panicked? ⏰ Did you file with plenty of time to spare … or were you rushing and scrambling until the very last minute? We know, we know… You always start the year with good intentions, but life happens and before you know it – BOOM! 💥 It’s tax season and all your good intentions to be prepared and ready for tax season flew

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Common Mistakes When Filing Your Taxes in a Panic

Are you still scrambling to finish up your taxes on time? 😬 or did you file for an extension? In your rush to file on time – make sure that you don’t make one of these common (and easily avoidable) mistakes! First – here are some of the documents and information you’ll need: ☑️ Last year’s tax return ☑️ Your social security card and official business docs ☑️ All your tax documents from 2021 ☑️ Your bank account information. Now grab your tax return for

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Tax Panic

Do you remember pulling all-nighter study sessions back in school? 🌛(We’re guessing you probably did – at least once. 😜) Take a minute to remember how that felt: 😬 At the beginning of the semester, you probably had every intention of keeping up with the homework and making up any lectures you missed. 😬 But you missed one lecture when you were sick – and then 1 turned into 3, and 2 missed assignments became 4 … 😬 Then you get to finals weeks, and

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Filing a Tax Extension

Feeling the crunch and thinking of filing an extension for your business taxes? ⏰ Here’s what you need to know 👉 𝗪𝗛𝗔𝗧’𝗦 𝗧𝗛𝗘 𝗗𝗨𝗘 𝗗𝗔𝗧𝗘 𝗙𝗢𝗥 𝗙𝗜𝗟𝗜𝗡𝗚 𝗧𝗛𝗘 𝗘𝗫𝗧𝗘𝗡𝗦𝗜𝗢𝗡? April 18th, 2022 – which will then give you until October 17th, 2022 to file your taxes. (However, keep in mind – your 𝙥𝙖𝙮𝙢𝙚𝙣𝙩 is still due April 18th, even if you extend your 𝙛𝙞𝙡𝙞𝙣𝙜 deadline) 👉 𝗪𝗛𝗔𝗧 𝗙𝗢𝗥𝗠(𝗦) 𝗗𝗢 𝗜 𝗡𝗘𝗘𝗗? IRS Form 4868 if you’re self-employed or a sole proprietor. If you’re a

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Bookkeeper vs. Accountant

“So why do I need a bookkeeper if I already have an accountant? Don’t you guys do the same thing?” Well – not exactly. 😉 Here’s the easiest way to explain the difference: 🩺 A nurse’s relationship to a doctor 🤓 Is like a bookkeeper’s relationship with an accountant. (And let’s be real – EVERYONE knows it’s the nurse who REALLY knows what’s going on with the patients, right? 😉 ) So, that’s what the difference is. We will explain 3 reasons why it’s

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