Profit and Income Know The Difference
The words Profit and Income can confuse some people as they may think these two words mean the same thing, but they don't. Profit refers...
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Rebecca Hurt
- Oct 14, 2022
- 3 min
Successful Setup Of Your Chart of Accounts
Chart of Accounts - What is it? What does it do? Why do I need it? How do I make it? The Chart of Accounts - What Is It? The Chart of...
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Rebecca Hurt
- Sep 23, 2022
- 2 min
Are Business Meals Tax Deductible In 2022?
Since we are headed into the 4th Quarter for 2022, you might be wondering if the IRS has changed the rules regarding the tax deduction...
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Rebecca Hurt
- Mar 23, 2022
- 3 min
Miscellaneous and Uncategorized Are Bad Words!
There are a few words that an accounting professional like myself really, really doesn't like and two of those words are in the title of...
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Rebecca Hurt
- Mar 16, 2022
- 4 min
5 Reasons You Need To Hire A Professional Bookkeeper
As an accounting professional for over 25 years, I have had the pleasure of working with several business owners. As a business owner...
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Rebecca Hurt
- Mar 7, 2022
- 3 min
What Tax Deductions Can I Take As An Independent Representative Or Direct Marketing Representative?
If you are an Independent Representative for a direct selling company, you are a business owner. Many people forget this because in some...
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Rebecca Hurt
- Feb 21, 2022
- 2 min
What Are Financial Statements?
The most common financial statements used are the Profit & Loss and the Balance Sheet. The Profit and Loss Statement shows if your...
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Rebecca Hurt
- Oct 6, 2020
- 3 min
Why Business Owners and Entrepreneurs Need To Have Organized Financial Statements
Many business owners/entrepreneurs ask me why the financial statements for their business are so important. Honestly, that is a wonderful...
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Rebecca Hurt
- Sep 1, 2020
- 5 min
8 Tips for Working at Home and Distance Learning
Many entrepreneurs work from home either by choice, or by necessity. Now, with the COVID-19 pandemic, several companies have their...
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Rebecca Hurt
- Aug 25, 2020
- 2 min
What is Owner's Equity and Owner's Draw In Bookkeeping?
If you own a business as a Sole Proprietor, you will probably have Owner's Equity. Often, to start a new business, the business owner...
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Rebecca Hurt
- Aug 18, 2020
- 2 min
Liabilities vs Expenses, What Is The Difference?
Many people get liabilities and expenses mixed up or think they are interchangeable in accounting. Technically speaking, that is incorrect..
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Rebecca Hurt
- Aug 11, 2020
- 3 min
8 Things You Should Know About Bank Feeds And Your Bookkeeping
Bookkeeping, in general, can be challenging for a business owner. Learning some bookkeeping terminology can help.
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Rebecca Hurt
- Aug 4, 2020
- 3 min
How Do I Set Up My Chart Of Accounts?
A common question I get often is, "What is a Chart of Accounts and how do I set it up?" The short answer to this question is, your Chart...
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Rebecca Hurt
- Jul 24, 2020
- 3 min
What Can I Write Off or Expense For My Business?
Last week I gave you a few different ways you could track your business expenses. This week I want to offer you some guidelines on...
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Rebecca Hurt
- Jul 17, 2020
- 3 min
How Do I Track My Business Expenses Easily?
One of the most common questions I get as a bookkeeper is, "how do I track my expenses easily?" While there is no magic button on your...
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Rebecca Hurt
- Jul 10, 2020
- 2 min
Top 5 Bookkeeping Secrets To Get Your Books In Shape
If you want to get (or keep) your accounting books clean, it is important to make time to sit down and review your books monthly or at...
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Rebecca Hurt
- Jun 19, 2020
- 4 min
Eight Things To Consider When Choosing Your Accounting Software
In the area of Bookkeeping/Accounting there are many financial activities that you are required to complete, in order to manage a...
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Rebecca Hurt
- Jun 4, 2019
- 3 min
Are You Doing a Mid-Year Checkup on Your Accounting? You Should and Here is Why.
Many businesses use the calendar year, January through December, as their fiscal year. Yet other businesses create their own fiscal...
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Rebecca Hurt
- Apr 14, 2018
- 2 min
5 Tips to Help With Small Business Accounting
Few things can make a small business owner cringe like the mere mention of business accounting. It is great when the payments come in, but b
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Rebecca Hurt
- Mar 13, 2018
- 2 min
Ready for Taxes? These tips can help.
It's that time of year again...are you ready for your Income Tax appointment? Tax time can be stressful for anyone, especially for a...
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