As summer comes to a close and we have break in our schedules before the hustle and bustle of the Holidays hit, September is the perfect opportunity to get your business finances/books in order. With the end of 2024 coming fast, now is the ideal time to take a step back and ensure your books are clean, accurate, and ready for whatever the end of the year brings. And if you are anything like us its holidays parties, traveling or lots of celebrating!

Separating personal and business finances is paramount for ensuring financial clarity, protecting personal assets, and maintaining professionalism. By establishing distinct financial entities, entrepreneurs can accurately track business transactions, safeguard personal wealth from business liabilities, and build credibility with stakeholders. This practice also simplifies bookkeeping reporting and compliance, contributing to long-term financial stability and business success.

If you're a small business owner in Montana, you understand the importance of managing your finances effectively. One of the significant perks for those who work from home is the home office deduction, which can help lower your taxes. As a virtual bookkeeper, knowing these details is crucial for advising our clients.

Payroll—it’s a word that can cause even the most seasoned business owners anxiety. Whether you’re dealing with payroll tax complexities or ensuring compliance with the latest labor regulations, managing payroll can feel like navigating a maze. But don’t worry! The right payroll software can make the daunting task of payroll management significantly simpler and stress-free.

Let’s be real – a big part of building a business is building relationships. Often, we build these relationships over coffee, meals, and maybe an occasional drink. So, how do you write-off these expenses that are essential for growing your business? Keep reading to find out!

We know you love your small business, and you love money. Today, we’re sharing how you can make more money and show your business some love with the help of a Small Business Bookkeeping Firm and online bookkeeping services!