Estimated Tax Payments

Estimated Tax Payments

What the heck are estimated tax payments? Did you know that you should be making those? It’s not a choice. It’s a requirement. There are hefty penalties and fines for those under-paid and non-paid estimated tax payments. Today, I’m going to walk you...
Receipts 101

Receipts 101

So, what’s the deal with receipts? Let’s dig into everything you need to know about your business receipts and documentation. The IRS requires you to keep all documentation to support what you filed on your personal and business tax return. If the IRS ever...
Owner Contributions

Owner Contributions

You’ve probably heard of an Owner Draw and that term does get tossed around a lot. If you need a quick refresher Owner Draws, head here. But what is an Owner Contribution? You’ve actually probably made these before and quite possibly never even realized...
Owner Draw 101

Owner Draw 101

Have you heard the term Owner Draw, but you’re not really sure what it covers? Are you sure you understand all the types of transactions that can be considered an Owner Draw? Today I’m going to go through Owner Draws and lay it all out for you. So...
1 Simple Thing You Should Do For Your Bookkeeping

1 Simple Thing You Should Do For Your Bookkeeping

Is your bookkeeping a hot mess? Does your bookkeeping even exist? Do you find yourself spending hours and hours going through paperwork and files and downloading transactions to put everything together for tax time, just to file each year? Today I’m going to...

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