by Kimone Johnson | Jun 14, 2022 | Bookkeeping for Business, Business Tips, Tax Tip
The Internal Revenue Services (IRS) has recently announced that there will be an increase in the mileage reimbursement rate come July 1, 2022. Below, we explain what exactly this rate is, the increased amount and how to apply it. What is the Mileage Reimbursement...
by Bobbie Witt | May 19, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips
Hello everyone, Bobbie Witt here, with Bookkeeping Confidential. We are a full-service virtual bookkeeping firm here to assist small businesses such as yours to create profit in your business and understand your numbers. If at any time you have questions regarding...
by Bobbie Witt | May 17, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips
The Internal Revenue Service and National Treasury Department have announced an increase in food and beverages deductions that businesses can claim up until 2023. The agencies have outlined which expenses would qualify for temporary 100% food and beverages deductions...
by Bobbie Witt | May 12, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help
Hiring a bookkeeper is very essential when running a business. A bookkeeper keeps a record of the financial affairs of a business. Outsourcing a virtual bookkeeping firm is cost-efficient, energy-saving, and convenient, especially in the current global climate. How...
by Bobbie Witt | May 10, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Business Tips, Home Page Blog, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips
Hi everyone, Bobbie Witt here with Bookkeeping Confidential again. I want to talk to you today about the Chart of Accounts, which is the map of your business. When you first open QuickBooks, this is going to be your dashboard. Then you’re going to go over to...
by Bobbie Witt | May 5, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Filing, Tax Help, Tax Tips
The Internal Revenue Service (IRS) and the Treasury Department recently released further details about the tax credits available under the American Rescue Plan to help small businesses. This clearly outlined how business owners can benefit from tax credits to be able...
