In general business speak, there's a good chance you use the words asset and expense interchangeably. In accounting terms, however, assets and expenses are distinctly different. They're coded separately in your books and represented differently on your tax return. Understanding the difference will have important implications for your business taxes.
Are you making mistakes with your business expenses?
BY Shelly Lingor ON Mar 11, 2019
Tracking business expenses seems like a no-brainer, right? You need to know how much money your company is spending, whether you're profitable, and what you can deduct on your taxes. When it comes to bookkeeping, we see business owners making the same mistakes over and over with respect to expenses. To throw an additional wrench in the works, the Tax Cuts and Jobs Act made some significant...
Cloud Accounting Success Story + St. Pat's Day Fun
BY Shelly Lingor ON Mar 6, 2019
Main and Six is a small, five-barrel brewery based in Jacksonville’s historic Springfield neighborhood, started by home brewer Dennis Espinosa and his business-partner mother Cindy Lasky in 2017. Like many brewery owners, Dennis got his start brewing beer at home, and as his hobby grew, it quickly became a passion. After four years of making beer for friends and family, Dennis was ready to...
Payroll doesn't have to be painful
BY Shelly Lingor ON Jan 24, 2019
Is payroll a pain? Or maybe you're just getting started with employees and want to make sure you're doing everything on the up-and-up. Here's a quick guide to making your business payroll as pain-free as possible.
Your accounts payable process is slowing you down
BY Shelly Lingor ON Jan 18, 2019
If you're even barely awake in today's world, you've heard the constant admonitions to go paperless. It's better for the environment! You'll be more organized! You can reduce clutter and only keep the things that spark joy! We're pretty sure you don't need to read another post about the benefits of going paperless—you already know you need to do it. So why haven't you done it yet?
We're a Hubdoc Top 50 cloud accountant
BY Shelly Lingor ON Jan 14, 2019
As we work with clients to bring their accounting onto the cloud and provide cutting-edge business advisory services, we're always evaluating our tools, technology, and methodologies to make sure we're recommending the best possible solutions.
Cloud accounting specialists: Where cloud life meets real life
BY Shelly Lingor ON Jan 11, 2019
Have you ever had the experience of struggling to connect with a real, live person in a tech company? Whether you’re lost in a maze of automated phone system recordings or can’t even find a phone number to call, it’s downright frustrating. That desire to not get lost in a sea of technobabble is one of the biggest reasons we hear from business owners who continue to use outdated accounting...
Five questions to ask before you trash another app
BY Shelly Lingor ON Dec 19, 2018
If you've ever purchased a business app, migrated your data, tried to use it, and realized it didn't work—you're not alone. We hear about this a lot. Business owners tell us that they tried to use accounting software or an app to automate a particular process, and it was a big flop.
How accounting helps grow your business
BY Shelly Lingor ON Dec 13, 2018
You might think we spill a lot of virtual ink waxing poetic about bookkeeping because we love accounting so much. Well, you aren't wrong. We're pretty serious numbers people here. You should be a fly on the wall at our office parties. But there's another reason—our other passion is helping businesses grow. Crunching numbers and analyzing data is only as satisfying as the results are useful.
Four reasons to work with a remote bookkeeper
BY Shelly Lingor ON Dec 12, 2018
The technologies that allow employees to work remotely have also enabled the rise of remote service providers in a wide variety of industries. Just twenty years ago, you probably choose your bookkeeper from a listing of people in your metro area—perhaps even out of the phone book. Today, it doesn't really matter where your provider is physically located, as long as he or she is available to...