Accounting Practices for Startups: How to Get Your Finances in Order

Starting a new business can be an exciting and rewarding venture. However, it can also be overwhelming, especially when it comes to managing finances and accounting. Whether you have a background in finance or not, it is essential to set up a reliable accounting system that can help you keep track of your business’s financial… Continue reading Accounting Practices for Startups: How to Get Your Finances in Order

Karbon vs Canopy [2024]

Karbon vs Canopy [2024] Many accounting firms today are turning to automation to make accounting easier and more efficient. This integration of automation has gained popularity among small and medium-sized businesses aiming to modernize their operations and streamline their accounting tasks. By integrating automation, businesses can automate repetitive tasks and manual data entry that would… Continue reading Karbon vs Canopy [2024]

Top Accounting Strategies for E-commerce Companies Unveiled

In today’s digital age, e-commerce companies face unique challenges when it comes to accounting and financial management. Accurate and efficient financial processes are crucial for the success and growth of any e-commerce business. In this post, we discuss accounting best practices that can help e-commerce companies streamline their financial operations and make data-driven decisions. Choose… Continue reading Top Accounting Strategies for E-commerce Companies Unveiled

A Comprehensive Guide to W-8BEN: Purpose, Filing Process, Penalties, and Benefits

The W-8BEN form is a crucial document for non-US residents and entities that earn income from US sources. This post will discuss what W-8BEN is, how to file it, the penalties associated with not filing it, and why it is essential to complete the process. What is W-8BEN? The W-8BEN (Certificate of Foreign Status of… Continue reading A Comprehensive Guide to W-8BEN: Purpose, Filing Process, Penalties, and Benefits

mesha vs Karbon [2024]

Businesses can operate more effectively by employing workflow software, which makes operations more efficient. This type of software keeps all tasks, projects, and team members organized so that everything and everyone stays on track. It additionally fosters teamwork among members and saves time. Which software products are available on the market that can do this,… Continue reading mesha vs Karbon [2024]

Sales Tax Exemptions for Veterans Buying Vehicles

For disabled veterans, the costs associated with mobility can add up quickly. Purchasing a new or used vehicle represents a major expense. However, many states offer sales tax exemptions or rebates specifically for disabled vets buying cars, trucks, or motorcycles to help make this necessity more affordable. These tax breaks can translate into savings of… Continue reading Sales Tax Exemptions for Veterans Buying Vehicles

How Much Should You Charge for Bookkeeping Services?

The global bookkeeping services market is expected to grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2030. Whether you’re an independent freelance bookkeeper or part of a larger firm, one key factor will determine your ability to capitalize on this growth: your rates. Setting appropriate rates for your bookkeeping services… Continue reading How Much Should You Charge for Bookkeeping Services?

When Should Your Accounting Firm Hire a Bookkeeper?

As an accounting firm, your expertise lies in high-level financial analysis, tax planning, and advisory services – not tedious bookkeeping tasks. Spending countless hours on data entry, bank reconciliations, and accounts receivable/payable prevents you from focusing on your core strengths. Hiring a dedicated bookkeeper allows you to offload these time-consuming administrative duties, freeing your team… Continue reading When Should Your Accounting Firm Hire a Bookkeeper?

How to Find Bookkeeping Clients as a Bookkeeper in the US[2024]

Whether you’re a seasoned bookkeeper or just starting out, finding new clients can be a challenge. However, by implementing the right approach and consistently marketing your services, you can position yourself as a trusted and reliable bookkeeping professional. In this blog, we’ll explore practical tips and techniques to help you find bookkeeping clients and build… Continue reading How to Find Bookkeeping Clients as a Bookkeeper in the US[2024]