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10 Reasons Your Small Business Needs a Bookkeeper

Are you behind on your books? Losing track of your expenses? Do you need someone who can help you file your taxes and stay compliant?  A small business bookkeeper or bookkeeping service can support you with everything from simple bookkeeping to offering more in-depth tax filing services and business consulting. A skilled bookkeeper will save […]

The Best Bookkeeping Service For Your Small Business

There are different types of bookkeeping services for small businesses. You can handle it all yourself, utilizing software like Quickbooks and Xero; hire a part-time small business bookkeeper; or opt for a full-service bookkeeping service like Xendoo that can handle it all for you.  What are the different types of bookkeeping services for small businesses? […]

2021 Timeline for PPP Loans

While this is an ever-changing situation regarding the latest PPP news, here is what we do know regarding the timeline of new funding in 2021.  January 11, 2021 To enable access for smaller lenders, the SBA will initially only accept First Draw loan applications from local institutions starting on January 11, 2021.  The full rollout […]

2021 Tax Deadlines

Keep this chart handy or copy the relevant parts of it into your calendar so you won’t miss a due date throughout the year. February 1, 2021: W-2 Filing: Wage and tax statement for full- and part-time employees. These are normally due on January 31st, but since this is a Sunday, the deadline will fall […]

What Do Accountants Charge for Small Businesses?

If you’re fed up with trying to do your own books, you’re not alone. For many small business owners, accounting is definitely not their area of expertise. They know they’re probably making mistakes and missing opportunities that a pro would spot right away, but they don’t know if accounting services will save more than they […]

How to Pay Federal Income Tax Online

Yes, the IRS has entered the digital age! They offer several ways to pay your tax online. Direct Pay with Bank Account There’s no service charge to have the money taken directly from your bank. To make a payment or look up a payment you already made, go to the Direct Pay page on the […]

2020 Year-End Checklist for Small Businesses

Every business needs a good tidying and updating at least once a year. The best time to do it is at the end of your tax year, which for many small businesses is the same as the calendar year. Get organized, review the data, and make your plans for a profitable 2020. Weed out clutter. […]

The Ultimate Tax Deductions Checklist for Small Business Owners

Are you claiming all the income tax deductions you’re entitled to? Here’s a handy checklist for U.S. businesses that are structured as sole proprietorships, partnerships, or limited liability companies (LLCs). Home Office The portion of your home that you use for an office can qualify you for a wide range of deductions, as long as […]