Basis 365

JANUARY 26, 2025

Outsourcing provides businesses with access to specialized expertise, cost efficiency, and scalable services, empowering them to focus on core operations. By delegating financial tasks to outsourced bookkeeping services , businesses can achieve accurate, timely financial management and make better strategic decisions.

Finance

inDinero Tax Tips

JANUARY 1, 2025

Software Recommendations Indinero has spent years providing accounting and bookkeeping services to businesses small and large. Filing taxes late or misclassifying expenses can carry penalties or even trigger audits. Categorize expenses for easier tracking, reporting, and year-end tax prep.

accrual accounting

CPA Practice

JULY 9, 2025

Madison Street Advisors is a mid-size national tax planning and preparation firm with a focus on audit mitigation strategies and reduction of audit profiles. It also offers bookkeeping services, audit defense and resolution, and additional business services.

Technology

MyIRSRelief

MARCH 1, 2022

Hopefully, by the time you get to the end of this article, we provided you with enough reasons to choose to go with a tax/accounting firm that offers the best Business Bookkeeping Services. As part of our research for this article we discovered many benefits of using a bookkeeping service and we included our top five reasons.

bookkeeping services

Basis 365

APRIL 18, 2023

One area that has gained significant traction in recent years is outsourced bookkeeping services, particularly among Chief Financial Officers (CFOs). CFOs responsible for managing a company's financial operations increasingly recognize the benefits of outsourcing bookkeeping functions to specialized service providers.

bookkeeping services

xendoo

MARCH 17, 2022

It can be overwhelming for small business owners to choose from all the ecommerce bookkeeping services out there. Many small businesses trust Xendoo with their financials, but we understand that choosing the best bookkeeping and accounting solution is a big decision. . What Is Ecommerce Bookkeeping?

bookkeeping services

DuctTapeMarketing

JULY 14, 2018

 Services Online Audit. Professional Services Marketing. Professional Services. Xendoo is an online accounting and bookkeeping service dedicated to small business owners. Services Online Audit. Professional Services Marketing. Strategy First. Marketing Training for your team.

bookkeeping

MyIRSRelief

DECEMBER 2, 2024

Access to Expertise and Specialized Knowledge Outsourced bookkeeping services provide access to a team of financial experts who specialize in various aspects of accounting and finance. Accurate Financial Records : Professional bookkeepers are skilled at managing financial transactions, ensuring accuracy, and reducing errors.

bookkeeping

MyIRSRelief

OCTOBER 2, 2023

What Do Business Accounting and Bookkeeping Services Entail? Accounting, tax and bookkeeping are essential services for all businesses, regardless of size or industry. These services help businesses track their finances, comply with tax laws, and make informed business decisions.

tax services

CPA Practice

AUGUST 6, 2024

Brown Plus Welcomes Four New Team Members Leading accounting and advisory firm,Brown Plus, recently announced the hiring of four new team members: Michael Corona started with Brown Plus as an intern and is now an Audit Associate. She specializes in payroll and bookkeeping services. Jodi is a graduate of Penn State University.

Pennsylvania

xendoo

SEPTEMBER 10, 2021

Thankfully, a reliable bookkeeping solution is just a click away. What should you look for in an accounting or bookkeeping service? Today, we’ll highlight five of the best small business bookkeeping service solutions. Online Bookkeeping Service for Your Small Business. Catch-Up Bookkeeping Services.

bookkeeping

xendoo

AUGUST 3, 2021

Accurate and timely bookkeeping allows you to make sound decisions for the strategic planning of your business. It makes tax time a breeze and ensures that you’re ready if the IRS ever audits your company. . What’s Included with a Business Bookkeeping Service? Hire an All-in-One Bookkeeping Service.

bookkeeping

xendoo

FEBRUARY 25, 2022

If that is not the case, you will need to take steps to clean up accounting records or use a catch-up bookkeeping service. . If your company requires a set of reviewed or audited financial statements, you’ll need a clean set of books. Learn more about our services today! When and Why You Need to Clean Up Your Books.

general ledger

xendoo

AUGUST 2, 2021

But these days, more and more companies are going digital, opting to use online accounting and bookkeeping services to handle their needs. This is happening for good reasons, as online bookkeeping offers a host of benefits. IT auditing. We’ll explore some of these benefits in depth below. Niche Experience. Non-profits.

bookkeeping

xendoo

MAY 16, 2023

Most small businesses have a low probability of going through an IRS audit, but it’s possible. What happens if you get audited and don’t have receipts to back your expenses? The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts.

audit

xendoo

MAY 16, 2023

Most small businesses have a low probability of going through an IRS audit, but it’s possible. What happens if you get audited and don’t have receipts to back your expenses? The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts.

audit

CPA Practice

OCTOBER 24, 2023

many of these entrepreneurs have long relied on the services of tax professionals or CPAs for year-end compliance needs, and to retroactively compile, reconcile and correct their clients’ books and produce financial reporting. In the U.S.,

Sales

MyIRSRelief

DECEMBER 15, 2022

For example, you may want to catch up on your tax filings, prepare for an audit, or simply get a better understanding of your financial situation. What are the benefits of accounting & bookkeeping services? How to locate a good accounting, bookkeeping & tax firm in Los Angeles, CA?

tax accountant

AccountingDepartment

NOVEMBER 2, 2023

DCAA stands for Defense Contract Audit Agency, a branch of the Department of Defense that is tasked with auditing and evaluating proposal and contract costs for the government. When it comes to compliance with government regulations, navigating the intricacies and nuances of DCAA accounting is essential for any government contractor.

Government

Going Concern

MARCH 24, 2023

District Court, White Plains, seeking an order to ban him from using its trade secrets or providing tax and bookkeeping services to its clients. He allegedly received a salary and support services from the tax preparation giant while diverting clients to his own business. H&R Block sued Danny W. Stanton on March 20 in U.S.

auditor

AccountingDepartment

JUNE 13, 2024

DCAA stands for Defense Contract Audit Agency, a branch of the Department of Defense that is tasked with auditing and evaluating proposal and contract costs for the government. When it comes to compliance with government regulations, navigating the intricacies and nuances of DCAA accounting is essential for any government contractor.

Government

ThomsonReuters

JANUARY 28, 2022

Bookkeeping is another service many small businesses can use, especially those with a small staff or without anyone on staff who has experience managing daily finances and transactions. If you aren’t familiar with bookkeeping or need a refresher, you can find online bookkeeping courses to get up to speed.

Tax

Snyder

AUGUST 12, 2022

Bookkeeper responsibilities are keeping track of the company’s financial records and documenting them in appropriate journals or ledgers. Qualifications required for bookkeeping services. doesn’t have a standardized qualification for practicing bookkeepers. How much does hiring bookkeepers cost?

bookkeeping

AccountingDepartment

MAY 17, 2022

Who you hire to perform these daily tasks can help keep your transaction records accurate and ensure taxes, as well as audits, are performed efficiently. Bookkeepers provide vital services to companies of all sizes whether your company offers services or products.

bookkeeping

inDinero Tax Tips

AUGUST 22, 2023

This is important for audit risk management and makes good business sense; strong record-keeping is key to visualizing cash flow and future decision-making. To anyone considering preserving their time by moving from DIY accounting to outsourcing, indinero’s online bookkeeping services are here to help.

Tax

Ryan Lazanis

APRIL 4, 2022

In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. Marketing your bookkeeping services to find new clients. But first, you’ll need a productized service that you can market to get clients. What is a Productized Service?

bookkeeping

xendoo

AUGUST 2, 2023

But these days, more and more companies are going digital, opting to use online accounting and bookkeeping services to handle their needs. This is happening for good reasons, as online bookkeeping offers a host of benefits. In addition to internal reporting, online bookkeeping services can speed up your invoicing process.

bookkeeping

inDinero Tax Tips

JUNE 12, 2023

Mistakenly taking personal expenses as small business tax deductions also opens you to risk during an audit. Indinero’s online bookkeeping services are here to help with this tedious task. However, you can’t deduct what you don’t document and shouldn’t deduct what you can’t prove was a business expense.

payroll tax

xendoo

NOVEMBER 19, 2021

If you ever find yourself facing an IRS audit, proper tracking provides the documentation you need to validate your income and deductions. This approach, of course, is the philosophy of Xendoo, who can provide expert-level online bookkeeping services for a fraction of the cost of an in-house accountant.

quickbooks

xendoo

MARCH 18, 2021

Choosing an online accounting service for your small business is the best way to keep your books updated, in compliance, and thriving. They can help you prevent getting audited by the IRS by setting up your bookkeeping system right the first time and preparing and guiding you through an audit, if necessary. .

online accounting

xendoo

AUGUST 2, 2021

IT auditing. When you handle your own taxes or specialized financial tasks, you run the risk of making a mistake, which could result in an audit, penalties, and other fees that you just can’t afford. Why pay salaries for full-time employees when you can rely on the affordable services that Xendoo has to offer?

CPA

Ryan Lazanis

MAY 24, 2023

The software then scanned related tax law and court cases to provide a degree of confidence on what the outcome would be if that very issue went to court: Tip 2: Seek an AI Accounting Technology for Audit Traditionally, the audit process would sample large sets of figures and perform certain tests to provide a level of assurance over that data.

Technology

Basis 365

FEBRUARY 3, 2025

Lets break down the real costs of ignoring your financial records and explore why outsourced bookkeeping services are the best solution. 5 Consequences of Neglecting Your Financial Records Skipping proper bookkeeping might seem harmless in the short term, but the long-term consequences can be severe.

bookkeeping

Basis 365

JANUARY 13, 2025

In this blog, well explore the key reasons businesses are turning to external accounting and bookkeeping service experts, the benefits of this approach, and how outsourcing financial management can position companies for sustainable growth. Cost Efficiency Hiring and maintaining an in-house accounting department can be costly.

Account

Steve Feinberg

SEPTEMBER 7, 2023

Factors to Consider When Choosing a Bookkeeping Service for Contractors With these difficulties in mind, many home service contractors turn to professionals for help with their bookkeeping. Price Choose a service that offers a plan that fits your budget and doesn’t upsell you on products or services you don’t need.

bookkeeping

Snyder

FEBRUARY 7, 2023

In this article, you’ll learn what tax deductions are, which expenses are deductible, and how to minimize the risks of the IRS tax audit. As a result, the net price of your bookkeeper or attorney will be much lower. There’s a myth that applying for tax deductions can increase the likelihood of tax audits by the IRS.

business tax

xendoo

FEBRUARY 24, 2021

Small business bookkeeping services can support you with everything from simple data entry to offering more in-depth tax filing services and business consulting. Bookkeepers can help you with the big picture aspects of running a small business, such as reviewing options for how to finance your business.

bookkeeping