As we start to countdown to the end of the year, small business owners find themselves immersed in the whirlwind of holiday festivities, but it’s also a critical time for year-end financial planning. Ensuring that your financial house is in order is essential for the health and success of your business in the year ahead. […]
Tips and Tricks
Mastering Your Holiday Budgets — Tips for Keeping Your Finances in Check This Season
November marks the beginning of the holiday season, a time filled with joy, festivities, and, let’s admit it, a whole lot of spending. Many people find themselves overspending during this time of year, which can lead to financial stress and debt, but that doesn’t have to be the case. With some smart budgeting and financial […]
A Money Managing Bookkeeper’s Guide to Uncovering and Squashing Six Hidden Insurance Fees You Might Know About
As money managers and bookkeepers, we understand the importance of optimizing every aspect of your financial life, including your insurance policies. Insurance is a necessary expense, but it shouldn’t break the bank. Many insurance companies often sneak in hidden fees and unnecessary add-ons, driving up your premiums. Susie Jose, owner of Carefree Bookkeeping, shares important […]
Understanding Tax Filing: LLC vs. S-Corp
Tax filing for businesses can be complex, particularly for self-employed individuals. As of 2023, the difference between filing as an LLC on a Schedule C of the 1040 form and filing as an S-Corp on a 1120S form continues to be a crucial consideration for Minnesotan business owners. Let’s explore the key points to help […]
Unleashing Your Small Business Potential: Merging Top-Level Bookkeeping with Business Mastermind
As a small business owner, you understand the significance of staying on top of your finances and making informed decisions. However, to truly take control and fuel growth in your business, merely balancing books won’t cut it. Instead, you must take advantage of the transformative impact of partnering with a top-level bookkeeper who goes beyond […]
