Top 10 Bookkeeping Errors

Taking care of the books and keeping track of your finances can be overwhelming. Especially for small business owners, new entrepreneurs, and anyone who is not in the accounting industry. A big part of that is the language that bookkeepers and accountants use. It gets even more frustrating when you find these same terms on the websites and systems that are supposed to be making your life easier. Between all the jargon, acronyms, and buzzwords, it can feel like a different language altogether.

Tax deductions you should be aware of

A tax deduction is a way to reduce taxable income that lowers a person's or an organization's total taxable income and tax burden. Deductions are costs incurred by a taxpayer during the year that can be applied to or deducted from their gross income to determine the amount of tax owing.

Bookkeeping, Small Business, Small Business Taxes, Tax SeasonCoWork BookkeepingFebruary 28, 2022Tax Tips

Getting Started with Bookkeeping

Taking care of the books and keeping track of your finances can be overwhelming. Especially for small business owners, new entrepreneurs, and anyone who is not in the accounting industry. A big part of that is the language that bookkeepers and accountants use. It gets even more frustrating when you find these same terms on the websites and systems that are supposed to be making your life easier. Between all the jargon, acronyms, and buzzwords, it can feel like a different language altogether.

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