What Does a Bookkeeper Do and How to Check Their Work

What Does a Bookkeeper Do and How to Check Their Work

What does a bookkeeper do? A bookkeeping professional accounts for a business’s finances. This includes: categorizing financial transactions creating invoices (if needed) and manage accounts receivable and accounts payable month-end and year-end journal entries to close the books. Then they should prepare financial statements for the small business. The end result of managing all this…

S Corp Election: 3 Ways It Can Be a Mistake

S Corp Election: 3 Ways It Can Be a Mistake

The 3 Ways an S Corporation election may be a mistake for your business “I Was Told to Make an S Corp Election” Being taxed as an S-Corporation seems to be the #1 recommendation for small business corporation. “I was told I need to be an S-Corp.” As a CPA, I hear that a lot….