As business owners and freelancers, we pay a lot of different vendors for a lot of different things. Most of these payments wind up on our Profit & Loss / Income Statement as expenses. But there are a few that do not. And these are usually the ones I get asked about. “Why isn’t… Read More »
If you’ve read even one “Bookkeeping For Small Business” article or blog post you know that the one of the first pieces of advice is to keep your personal and business funds separate. Yes, this can be easier said than done, but it is essential for running a successful and profitable business. But this isn’t… Read More »
Every so often when speaking with a potential new client about their bookkeeping needs, they mention adding me to their accounts so I can pay the bills for them. I thank them for their trust in me, but state that I will not take on signing privileges or accept full access to their bank accounts.… Read More »
If you haven’t started to already, you are going to be hearing a lot about the shift to EMV or “Chipped” credit & debit cards. This is because the liability shift took place on October 1st. So what is EMV, what does it mean to you as a consumer, and what does it mean to… Read More »
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