“What exactly is the function of a rubber duck?”-Arthur Weasley
Don’t be afraid to ask questions. That’s what I’m here for! 🙂
You ARE doing something great with your business! Let me help take bookkeeping off of your plate so that you can get back to that great work! 🙂
Make sure that you capture all of those marketing expenses so that you can deduct them on your taxes! (Decals, business cards, banners, pens with logos, etc.)
What counts as an advertising expense? I can help you find out!
Don’t know how to read your financial reports? I can record a video of myself going over them, line by line.
Thinking about a big advertising expense? Know your overall profit and loss to help you make your decision!
Are you keeping up with your expenses for when you travel for business? Don’t miss those deductions! 🙂
“Does this count as a business expense?”
I can help you find out! 🙂
When I send you your profit and loss statement and you see BIG numbers in the black! 🙂
When we work on your books, we do it just like rock climbing: as a team. We help each other and build each other up as we tackle the mountain that is your books.
This sweet puppy has his books in order. You can too!
Don’t pretend to be something you’re not! 😉 If you aren’t good at managing your books, it’s okay to ask for help! I’m not good at making logos, so I paid someone else to do it for me. There’s no shame in outsourcing! 🙂
Let’s work together to get your books in order! 🙂 We can clean them up, one step at a time!
Are you as cool as this pineapple when you think about your books? Is your accountant going to throw a party because they’re so relieved at how clean they are?
If not, I can help make this a reality! 🙂
Be sure to ask your accountant about the Qualified Business Income deduction on your taxes!! Don’t miss out on this deduction if you own a small business!
Do you know how much you spent on Advertising, Rent, Office Expenses, Travel, and Materials?
Your accountant is going to ask you! Are you ready?If not, we can figure it out for you!
Your accountant is going to ask you! Are you ready?If not, we can figure it out for you!
Do you have a Sole Proprietorship or a Single Member LLC?
These are the expense categories on your tax form:
Advertising, Car and truck, Commissions and Fees, Contract Labor, Depletion, Depreciation, Employee Benefit Programs, Insurance, Interest (Mortgage and other), Legal and Professional Services, Office expense, Pension and profit sharing plans, Rent or Lease (Vehicles and other), Repairs and Maintenance, Supplies, Taxes and Licenses, Travel and Meals, Utilities, Wages, and Other.
These are the expense categories on your tax form:
Advertising, Car and truck, Commissions and Fees, Contract Labor, Depletion, Depreciation, Employee Benefit Programs, Insurance, Interest (Mortgage and other), Legal and Professional Services, Office expense, Pension and profit sharing plans, Rent or Lease (Vehicles and other), Repairs and Maintenance, Supplies, Taxes and Licenses, Travel and Meals, Utilities, Wages, and Other.
Curious about what counts as “Cost of Goods” on your taxes? Let’s imagine you’re a quilter. Your Cost of Goods Sold is what you paid for fabric, needles, thread, and batting. It’s not what you paid for rent, insurance or electricity (those are your expenses.)
How much should you pay yourself every month as a business owner? I recommend reading Profit First by Mike Michalowicz. His recommended percentages in each area (Profit, Owner’s Pay, Taxes, and Operating Expenses) helped me determine how much to pay myself and how much I could spend on expenses.
Do you know how much money you made in your business last year? What about how much you spent? Let’s figure it out together! 🙂
YOU WORK TOO HARD to pay the government more money than you’re required to. You should always pay what you owe, but not a penny more. I can help you find where that line is.
Did you know that Entertainment is no longer a deductible expense? It doesn’t matter if you’re entertaining clients, prospective clients, etc., you can no longer deduct this expense on your taxes. 🙁
TODAY is the day that you get your business’s finances in order. Let’s get started.
How much money should you set aside for self-employment taxes? According to the 2018 Self-Employment tax form, if your business’s net profit is less than $128,400, you would owe 15.3% of that. Click to learn more!
Sometimes, sorting out your expenses can feel like a puzzle. “Should I put this here?” “Does this go here?” “Does this really fit, or am I just making it fit because that’s where I WANT it go?” If you have any questions, you can click Learn More and ask them, free of charge! 🙂
DID YOU KNOW the IRS only accepts itemized receipts as verification? That’s right, a receipt that says you paid $30.00 won’t be enough, it must also say exactly what you bought for $30.00.
Are you as cool as this pineapple when you think about your books? Is your accountant going to throw a party because they’re so relieved at how clean they are?
If not, I can help make this a reality! 🙂
Delegate like a boss. Turn over those pesky books! 🙂
Passion led us all here, but we soon found that we had to do things in our business that didn’t line up with our passions–like bookkeeping. If doing your books is dragging you down, let me help ease that burden (because it IS my passion!)
Let’s keep your books simple, clean, and organized. Let’s get them in order.
You do the hustlin’. I’ll do the books. 🙂
You need to know how much money is coming into the business–and how much money is going out. I can run a report for you each month to help you stay on top of it!
Blessings,
Valerie Johnston