What Is Found on a Balance Sheet?
Balance Sheet Basics A balance sheet is one of the most important financial statements a business can have. It shows a snapshot of your company’s overall financial condition at a given point in time and shows exactly what is found on a balance sheet: assets, liabilities, and equity. Understanding these three categories is essential for […]
4 Reasons To Hire A Bookkeeper For Your Business
It’s not always easy to know when it’s time to outsource your bookkeeping. Some small business owners can continue on without a bookkeeper longer than others. But as your business grows in revenue, size and complexity, hiring a part time bookkeeper will become a necessity. In this post, we’ll go over our top four reasons […]
The Ultimate Guide to Payroll Systems
Continuing with our series on bookkeeping services, in this post we’re going to introduce and discuss the topic of payroll systems. When you run a business, there are many, many tasks you have to perform in order to keep your business functioning smoothly. Bookkeepers can help you perform certain of these tasks, such […]
Boxelder & Bench Combine Forces: A Comprehensive Bookkeeping Solution for Tax Resolution
Boxelder and Bench: How a Client-First Tax Resolution Firm Solved Bookkeeping ORIGINAL ARTICLE POSTED ON SEPTEMBER 18, 2018 READ THE FULL ARTICLE HERE While many tax resolution firms often leave clients to sort out their own bookkeeping, the team at Boxelder went out of their way to find solutions. But they kept hitting a wall. With […]
How to Survive an IRS Audit of Your Business
How to Survive an IRS Audit of your Business 1. Limit the Scope On the Exam Letter that you receive from the IRS, there will be a year in the top right corner. This is intended to limit the scope of the audit. Typically the examiner will want to include a year in advance […]