Arctic Assets Bookkeeping, LLC

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Arctic Assets Bookkeeping, LLC Helping small businesses gain peace of mind with virtual bookkeeping, financial strategy, and CFO advisory services.

The old $600 threshold has changed for tax year 2026 and increased to $2,000 for many qualifying payments.Crucial remind...
10/29/2026

The old $600 threshold has changed for tax year 2026 and increased to $2,000 for many qualifying payments.

Crucial reminder for all small businesses and gig workers:

Income is still taxable. You’re required to track and report all taxable business income, even if you earn less than $2,000 and don’t receive a 1099.

Save this post for later and follow my page for more bookkeeping, financial, and smart business tips to help you grow your business.

In many cases, a qualifying business loss can reduce taxable income, which may lower your overall tax bill.However, ther...
10/28/2026

In many cases, a qualifying business loss can reduce taxable income, which may lower your overall tax bill.

However, there are rules that can limit how much of a loss you can deduct in the current year. Some losses may instead carry forward to future years.

Talk with a tax professional to understand how the rules apply to your specific business and tax situation.

This is also why accurate bookkeeping matters.

You need to know your real income, expenses, and profit or loss before you can properly plan for taxes.

Need help getting your books accurate and tax-ready?

Book a call using the link in our profile or comment “taxes” below to learn more about our services.

Q4 can get expensive fast, especially with year-end and holiday costs coming up.Forecasting now can help you avoid cash ...
10/27/2026

Q4 can get expensive fast, especially with year-end and holiday costs coming up.

Forecasting now can help you avoid cash flow surprises later.

Here are four numbers every business owner should be looking ahead at this quarter.

Found this helpful? Follow my page for more bookkeeping, financial, and smart business tips to help you grow your business.

The year isn’t over yet, and there’s still time to get your business finances in better shape.Here are some important th...
10/26/2026

The year isn’t over yet, and there’s still time to get your business finances in better shape.

Here are some important things to review before year-end.

Follow my page for more bookkeeping, financial, and smart business tips to help you grow your business.

And save this post for later!

The right timing depends on your business, tax situation, and whether you’re actually ready to start operating.Have ques...
10/25/2026

The right timing depends on your business, tax situation, and whether you’re actually ready to start operating.

Have questions? Comment below!

Follow my page for more bookkeeping, financial, and smart business tips to help you grow your business.

Own a small business? Shout it out below!Tell us what you do, who you help, and where you’re located.Then take a minute ...
10/24/2026

Own a small business? Shout it out below!

Tell us what you do, who you help, and where you’re located.

Then take a minute to check out the other businesses in the comments and show them some support.

QuickBooks is a mess? Now is the time to clean it up before year-end.I can help:- Reconcile bank, credit card, loan, and...
10/23/2026

QuickBooks is a mess? Now is the time to clean it up before year-end.

I can help:
- Reconcile bank, credit card, loan, and merchant accounts
- Fix miscategorized, duplicate, and uncategorized transactions
- Clean up Undeposited Funds and unapplied payments
- Correct outstanding invoices and vendor balances
- Organize your Chart of Accounts
- Get your financial reports accurate and ready for your tax professional

Don’t carry messy books into the new year.

Let me help you clean up your QuickBooks and get your financials back on track.

Book a call using the link in my profile or comment “books” below to learn more about my services.

10/22/2026

The main difference is fixing past mistakes vs. catching up on missing work:

Clean-Up Bookkeeping
Your books are up to date, but they may contain errors or inconsistencies. Clean-up can include:

- Correcting miscategorized transactions
- Fixing duplicate or inaccurate entries
- Reconciling account discrepancies
- Reviewing financial records for accuracy

Catch-Up Bookkeeping
Your bookkeeping has fallen behind and needs to be brought current. Catch-up can include:

- Entering months of missing transactions
- Reconciling past bank and credit card accounts
- Recording outstanding income and expenses
- Bringing financial reports up to date

Either way, getting your books in order means clearer numbers, better decisions, and less stress at tax time.

Not sure which one your business needs? Let’s talk!

Catch-up and clean-up bookkeeping may sound similar, but they solve different problems.You need catch-up bookkeeping if ...
10/22/2026

Catch-up and clean-up bookkeeping may sound similar, but they solve different problems.

You need catch-up bookkeeping if your books are behind and transactions haven’t been recorded for several months or longer.

Catch-up bookkeeping can include:
- Entering missing transactions
- Catching up bank and credit card accounts
- Bringing your books completely up to date

You need clean-up bookkeeping if your transactions have been recorded, but your books contain errors or inaccurate balances.

Clean-up bookkeeping can include:
- Fixing miscategorized transactions
- Reconciling accounts
- Correcting balances and bookkeeping errors

And sometimes, your books need both a catch-up and a clean-up.

Not sure what your books need?

Book a call using the link in my profile or comment “books” below to learn more about my services.

The year-end countdown is on. Start getting your business ready NOW. Swipe to see what needs your attention.Behind on yo...
10/21/2026

The year-end countdown is on. Start getting your business ready NOW.

Swipe to see what needs your attention.

Behind on your bookkeeping?

Now is the time to work with a professional.

I’ll help you get your books caught up, cleaned up, and ready for year-end.

Book a call using the link in my profile or comment “books” below to learn more about my services.

Address

Palmer, AK
99645

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