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Carefree Bookkeeping Service LLC

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You are here: Home / Tips and Tricks

Tips and Tricks

February 27, 2020 By Susie Jose Leave a Comment

Using Retirement Plans to Reduce Taxes

reduce taxes

One of my favorite ways to reduce taxes, is investing in your future.  When you buy equipment, the average savings for taxes is $3 for every $10 you spend; leaving $7 for taxes.  So, only buying equipment if you absolutely need it is the way to go. When you set up a SEP or Simple […]

Filed Under: Financial Tips Tagged With: reduce taxes, roth ira, tax savings

January 7, 2020 By Susie Jose Leave a Comment

The Importance of Board Meeting Minutes

Board Meeting Minutes with Carefree Bookkeeping

Corporations already know they need to prepare meeting minutes and have them available to auditors, but did you know limited liability companies (LLCs) should also have meeting minutes? What exactly are meeting minutes; what are they comprised of and when should they be taken? And who should be at the meeting and what if you […]

Filed Under: Blog News Tagged With: board meeting, Carefree Bookkeeping, meeting minutes, office meetings

July 1, 2019 By Susie Jose Leave a Comment

Beware the Add-On Services of a 3rd Party Financial Partner

beware add-ons from 3rd party services

When hiring an outsource service please know and understand what they are doing “on your behalf” and the rules and laws of what should be done for YOUR business. I’m getting on my soapbox for a little bit, but I think it’s important to share! I don’t usually like to point fingers or say not […]

Filed Under: Blog News Tagged With: #Bookkeeping, 3rd party financial services, bookkeepers, payroll companies

April 28, 2019 By Susie Jose Leave a Comment

Carefree Tips For Time-Saving Financial Apps

Business App Recommendations

With an ever-changing world of technology, it’s hard to know what the latest software or app is available to help you streamline your budgeting and bookkeeping efforts in your business (or personal life).  So, the team at Carefree Bookkeeping wanted help point you in the right direction! So much of our lives are spent online […]

Filed Under: Blog News Tagged With: budgeting, business apps, financial apps, mileage tracking, receipt tracking

March 16, 2019 By Susie Jose Leave a Comment

Carefree Bookkeeping Recommends You Eat That Frog

Eat that Frog

What is your dream?  Stop procrastinating! Let’s make your dream into a goal and make that goal into reality.  If you want to get organized, if you want to simplify your life, then answer is to read Eat That Frog! There’s an old saying that says, “If the first thing you do when you wake up […]

Filed Under: Blog News Tagged With: business goals, Carefree Bookkeeping, eat that frog, financial goals, long-term goals, personal goals

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Minnesota income tax returns

Minnesota Income Tax Amendment Updates

You may amend your 2017 and 2018 Minnesota income tax returns affected by 2019 Minnesota tax law changes The Minnesota Department of Revenue recently mailed notifications to a number of individuals across the state regarding an update to state tax law changes, enacted on May 30, 2019, which could affect a person’s 2017 and 2018 […]

Why do we have a website

Why Do We Have a Website?

We believe all small businesses need to have a web presence. We can’t reinforce that if we don’t have one ourselves. But, we needed one that showcased not only who we are, but what we’re about and what we have to offer in terms of experience, expertise, services and resources. So, why do you need […]

The 2020 Flexibility Act for PPP Loan Funding

Changes to PPP with the Enactment of the Flexibility Act

The Flexibility Act was Signed Into Law by President Trump 6/5/2020 and this Effects the Way PPP Works for Many Business Owners. We’re going to break it down the highlights of those changes for PPP Loans moving forward. The Flexibility Act changes the PPP Loan forgiveness calculation, but we have no word on the loan […]

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