Are we out of the inflation hole yet? (A curious mind wants to know…) Well, according to the Fed, they’re waiting a little bit longer to
Last week, the IRS debunked some myths on 1099-K reporting. Remember, the IRS is planning to phase into the $600 reporting threshold for PayPal, Venmo, et al.
These days, I’m often glad that it’s our busy tax filing season, so that I have an easy excuse when political conversations are happening: Oh
The Super Bowl seems to turn into a bigger deal every single year. Not just the cost of commercials, which are astronomical, but also all
Taylor Swift is everywhere right now. I’m guessing you noticed, too? This weekend’s Grammy’s saw her fall in league with greats like Frank Sinatra and
Three’s an opening day before opening day at Wrigley Field. I’m talking about opening day of the IRS tax filing season and it starts on
For junk removal companies, business tends to move fast. Bookings come in, trucks head out, and payments hit the bank. But when customers pay before a job is done, those dollars shouldn’t immediately hit the books as income. Mishandling deposits and advance payments is one of the most common financial…
Labor costs are one of the largest and most complex expenses for electricians. When subcontractors enter the mix, tracking those costs accurately becomes even more important. Managing payroll, paying subcontractors, and assigning the right costs to the right jobs requires more than guesswork. For electricians running multiple projects at once,…
If you own or manage a dumpster rental business, you know that keeping track of finances isn’t just about spreadsheets and receipts—it’s about staying profitable, compliant, and confident in your numbers. But even with the best intentions, discrepancies can (and do) happen in financial reports. Whether it’s a revenue number…
As a junk removal business owner, you know that vehicles are a key part of your daily operations. From hauling away old furniture to clearing out construction debris, your trucks and vans are the workhorses of your company. But just like any other business asset, your vehicles lose value over…
Keeping accurate financial records is just as essential as maintaining septic systems. Many septic businesses make bookkeeping mistakes that lead to higher tax bills, missed deductions, or even IRS penalties. Small errors like misclassifying expenses, failing to track mileage, or ignoring depreciation can add up quickly and cost businesses thousands…
The junk removal industry is booming as homeowners and businesses seek convenient ways to dispose of unwanted items. While launching a junk removal business presents an exciting opportunity, many entrepreneurs overlook one critical aspect of running a successful operation: bookkeeping. Proper financial management is the backbone of any business, and…
