Bookkeeping for Real Estate Investors: A Comprehensive Guide to Staying Profitable & IRS-Ready
Neglecting your books can lead to IRS penalties, missed deductions, or even jeopardize future investments.
Barry Clifton
Articles
How Long Do You Need To Keep Those Records?
Bookkeepers and accountants are often asked how long specific records should be kept.
Barry Clifton
Eight Common Mistakes Business Owners Make When Handling Their Own Bookkeeping
Bookkeeping may not be the fun part of running your business, but it’s a crucial aspect of managing your business finances.
Barry Clifton
When Does Your Business need a W-9?
1099-NEC forms are due to the vendor and the IRS by January 31 of the following year.
Barry Clifton
Demystifying Payment Processor Fees
One of the most significant expenses for any business that accepts digital payments is the fees charged by your payment processors
Barry Clifton
Cash or Accrual? Which is Right for You?
There are two main methods of accounting you can use for your small to medium-sized business and which one is right for you depends on a number of considerations,
Barry Clifton
Understanding Your Cash-Flow Report
In the short-term at least, your business can be very profitable and still run out of cash
Barry Clifton
The Cloud
I’m sure many of us imagined data bouncing about in the ether, literally “in the clouds”, so what exactly happens when our data is pushed out into the cloud and how safe is it?
Barry Clifton
How Can Bookkeeping Help You Improve Your Business’s Performance?
Without accurate, reliable information and the means of measuring your performance, you have no way to gauge your progress.
Barry Clifton
Why Does A Small Business Need A Bookkeeper?
Accurate accounting, performed by an experienced, trained bookkeeper is essential to the well-being of your business, by making sure you have up to date knowledge of where you stand and are in the best position to make decisions on how to move forward.
Barry Clifton