Balancing the Books

Why You Should Use Virtual Bookkeeping

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Virtual bookkeeping, also known as online bookkeeping, is the process of recording and managing financial transactions for a business through digital platforms. With the rise of technology and the internet, virtual bookkeeping has become increasingly popular and is quickly becoming the norm for many small businesses. There are numerous benefits of virtual bookkeeping, some of which are discussed below: Accessibility Virtual bookkeeping allows business owners to access their financial records and reports from anywhere at any time. Read More»

Considering Full-Time House Sitting? 5 Things A CPA Can Help With

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Full-time house sitting is a great way to make money and reduce your expenses while seeing more of the world. If you’re planning to take up house sitting on a permanent basis, though, you’ll need to ensure that your finances are in order — and they stay that way. A CPA (certified professional accountant) can help. How? Here are five important tasks they’ll help you with. 1. Tracking Income and Expenses Read More»

Why Do You Want The Accountant Who Prepared Your Taxes To Also Defend Them?

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When you have your taxes done by an accountant, the ability to relax and let someone else deal with the paperwork is such a relief. But sometimes the IRS detects a problem that, after going through all the appropriate stages, finally requires that someone negotiate with the IRS on your behalf. Only a CPA can do that, so if your accountant is not a CPA, you have to turn the paperwork over to someone else. Read More»

Why You Must Have A Professional Do All Your Business Tax Preparation

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Managing your business taxes can be a complex and time-consuming process. Tax laws are constantly changing, and it can be difficult to keep up with the latest developments. While it may be tempting to try to save money by doing your own taxes, there are many reasons why it’s worth it to hire a professional tax preparer. Here are five of the most important: 1. A professional tax preparer can help you maximize your deductions Read More»

4 Important Accounting Services Small Businesses Might Need

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As a small business owner, you have a lot on your plate. In addition to running your day-to-day operations, you also have to think about things like marketing, HR, and, of course, accounting. While it might be tempting to try to handle your accounting on your own (after all, who knows your business better than you?), there are some very good reasons to consider outsourcing this critical function to professionals in this field. Read More»