by cmehnert01 | Aug 23, 2023 | Small business bookkeeping
While starting a nonprofit can be gratifying, it also poses significant challenges. In this article, we will discuss specific bookkeeping strategies that can help your young nonprofit thrive. Use Good Accounting Software Different nonprofit organizations often require...
by cmehnert01 | Aug 10, 2023 | Small business bookkeeping
So, you’ve just started your Etsy shop, and you have a lot of finances to manage. You probably want to keep your business organized so that you know where every penny goes and how much stuff you need to produce based on profit. So how do you organize...
by cmehnert01 | Jul 26, 2023 | Small business bookkeeping
If you gain money that is not automatically taxed, including self-employment income, you may need to make estimated tax payments throughout the year. Estimated tax payments mean sending money to the IRS based on how much you think you’ll owe in taxes for the whole...
by cmehnert01 | Jul 11, 2023 | Small business bookkeeping
Generally Accepted Accounting Principles (GAAP) are the standard framework of guidelines for financial accounting used in the United States. These accounting standards, developed and maintained by the Financial Accounting Standards Board (FASB), provide the foundation...
by cmehnert01 | Jun 27, 2023 | Personal household bookkeeping
The budgeting tool You Need a Budget or YNAB promises to revolutionize how you manage your finances. According to YNAB, the average person saves over $600 within the first two months and over $6,000 within the first year using the app. Users also report life-altering...
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