My Count Solutions Blog
Accounting, bookkeeping, and tax tips to help you understand your small business finances.
Dealing with tax debt can be a stressful and overwhelming experience. One crucial step in the process of settling your tax debt is proper bookkeeping. Effective bookkeeping practices can significantly impact how much you owe in back taxes and play… Read More »
Automated bookkeeping is the use of software and technology to record financial transactions, generate financial reports, and manage accounts. This method of bookkeeping eliminates the need for manual data entry, which reduces the risk of errors and saves time. The… Read More »
Maintaining the books involves more than just paperwork. Keeping accurate financial records can help your company run smoothly and efficiently while also giving you a clear picture of how the company is doing overall. It’s likely that you value your… Read More »
For any entrepreneur, starting an online store is a thrilling endeavor. With an online store, a wide range of clients from around the world can access your products day and night, all year round. As the owner of an eCommerce… Read More »
When someone employs you as an “independent contractor,” what precisely does that mean? Is that the same as working for yourself? What is the difference if not? Here is our in-depth guide on bookkeeping for independent contractors, including information on… Read More »
There is a high chance that you already have a bookkeeper. However, your accounting and bookkeeping departments are probably too overworked to pay attention when your cost per unit rises. You find yourself suddenly short on funds. Now what? Surely… Read More »
In today’s world, the internet is used for everything. Be it online shopping, online fitness training, or balancing your chakras. Why can’t you hire a virtual bookkeeper as well? Virtual bookkeeping and accounting services might relieve you of your bookkeeping… Read More »
As a small business owner, you know that keeping your finances in order is crucial to your success. You need to have a clear understanding of your revenue and expenses, so you can make informed decisions about your business. That’s… Read More »
As a small business owner, bookkeeping is a very important business task that you should be involved with. You might enjoy the profits and the outcome, but bookkeeping is a hassle that is not fun. Here are some bookkeeping tips… Read More »
Nobody gets really excited when tax time comes around. Taxes are paperwork-heavy, highly regulated, and honestly, a little frightening. Even when you know you are doing everything right, there is always the fear that something has been missed. This uncertainty… Read More »
Trying to find the best bookkeeper? It is one of the hardest things a business owner has to do. You need to find someone you can count on for financial matters. The answer seems simple. You can benefit from outsourced… Read More »
A business-of-one gives you a lot of freedom, creativity, and other benefits allowing you to run your business as you want. However, there are a lot of serious responsibilities that you need to take care of, such as file taxing. It… Read More »
What do bookkeepers do? The earnings and costs of a company are tracked by bookkeepers, who also make sure that all financial records are accurate. They maintain order in the books, as the name would imply. In this manner, everything… Read More »
Every business owner understands that up-to-date and accurate financial records are essential for the smooth running of any enterprise. When you start a business, you try keeping track of all your accounting; purchases, sales, and financial records but it gets… Read More »
Bookkeeping vs. Accounting the difference is they support your business in different stages of the financial cycle. Bookkeeping is the process of organizing and recording all financial data for a company into a database. Whereas accounting is concerned with the… Read More »
Business Bookkeeping A core part of all business finances is bookkeeping, which can impact the success and growth of any small business. Bookkeeping encompasses a variety of important tasks that range from basic data entry in software to working with… Read More »
Business counts its first anniversary from the day the foundation of the establishment was laid out. I say the business anniversary must be accounted for when a small business successfully completes its tax filings – for the first time. As a… Read More »
Maintaining a dedicated team of employees is harder than it looks. The most challenging aspect is to differentiate the employees at the time of tax season. Without a dedicated HR persona or payroll services, it is hard to handle employee… Read More »
What do accountants and ballerinas have in common? Both follow a rigorous routine that can cause an unhappy work-life balance. From client expectations to managing personal life, everything hangs by the thread if you have stressed accountants as employees. A… Read More »
Do you dream about opening your own retail store? Retail stores these days are attracting much attention from entrepreneurs with a passion to offer quality products and services. But most importantly, they want to become the “trending brand”. Even to… Read More »
A small business owner is like a captain of a ship sailing towards their destination. But every good captain needs assistance to sail his boat. He cannot handle everything on the deck on his own. It is possible to do… Read More »