Alexandra Svacha Bookkeeping, LLC

06/15/2024

If you have taxable income from any payer that doesn't withhold tax for you, check to see if you need to make estimated tax payments. https://www.irs.gov/pay...

05/16/2024

7 things bookkeepers do for small businesses (7/7):

Bookkeepers prepare financial statements each month so that you are always aware of your businesses finances in order to make decisions year round and not just at tax time.

05/14/2024

7 things bookkeepers do for small businesses (6/7):

If part of the scope of work agreed upon, bookkeepers can also manage accounts payable for your small business.

05/09/2024

7 things bookkeepers do for small businesses (5/7):

Manage bank feeds allowing you to see each transaction in real time.

05/07/2024

7 things bookkeepers do for small businesses (4/7):

By making sure your books are day to day accurate, bookkeepers help you maintain readiness for tax or other deadlines as they come up.

05/02/2024

7 things bookkeepers do for small businesses (3/7):

Help to make sure businesses stay aligned with relevant laws.

04/30/2024

7 things bookkeepers do for small businesses (2/7):

Maintain up-to-date and accurate records while also flagging any potential discrepancies between your bank and your books.

04/25/2024

7 things bookkeepers do for small businesses (1/7):

Day to day management of accounts (ie keeping track of every sale or expense and using software to do it) makes it easier for bookkeepers to keep an eye on your cash flow.

12/27/2023

Keeping well-organized records with the help of a bookkeeping professional helps to make tax time easier AND keeps you in the know about your finances YEAR ROUND

Keeping well-organized records can make it easier to prepare your tax return this filing season. Accurate records may help you find overlooked credits and deductions or avoid errors that may result in delays that slow your refund. for tax filing season by checking twice for all your documents before you file.

Learn more: www.irs.gov/getready

07/23/2023

6 Essential Words for Small Business Owners (6/6)

Receivable: anything that is owed to you; most likely as a result of a sale but could also include you loaning $300 to mom

07/22/2023

6 Essential Words for Small Business Owners (5/6)

Liability: debt that you owe, either short or long term

e.g. car loan, business loan, mortgage, or even $300 you borrowed from mom

07/21/2023

6 Essential Words for Small Business Owners (4/6)

Owner’s Equity: what you put in or take out of your business

aka Owner’s or Member’s (LLC) or Shareholder’s (s-corp) Contribution/Draw