jono

Data discrepancies related to invoices, bills, and other financial transactions can lead to larger issues. Manual bookkeeping can also lead to small mistakes—like duplicate entries—leading to reporting and compliance issues. You must first apply money from the paid invoice toward incurred costs. For example, if your firm paid court filing fees for the client, a […]

The best results happen when a business implements a bookkeeping strategy over a period of time or builds a long-term working relationship with a qualified bookkeeper. Waiting until crunch time to prepare documents and fix bookkeeping errors can be too late if the records are kept with many mistakes. If you have mistakes to fix

A well-structured accounting process becomes a strategic asset, not just an administrative task. However, failing to track these expenses can lead to missed billable hours. If your team does not have a clear time tracking policy or a clear agreement with the client, you may also have issues properly billing for that time. All accounts

The IRS is committed to serving taxpayers with limited-English proficiency (LEP) by offering OPI services. The OPI Service is a federally funded program and is available at Taxpayer Assistance Centers (TACs), most IRS offices, and every VITA/TCE tax return site. Go to IRS.gov/SocialMedia to see the various social media tools the IRS uses to share

Staying on top of this process saves you stress and keeps things running smoothly. A little organization goes a long way when managing your financial records. Start by digitizing paper documents, which makes them easier to find and reduces clutter. Even the IRS has started expanding its digital scanning efforts. If you’re reading this article,