by Folasade Ayegbusi | Dec 5, 2022 | Bookkeeping
End of Year Bookkeeping Checklist for Small Businesses Introduction: Why is Bookkeeping a Necessary Yet Overwhelming Task for Small Businesses? One of the most important aspects of running a small business is keeping up with the financial side. And one of the first...
by Folasade Ayegbusi | Nov 11, 2022 | Accounting, Bookkeeping
Financial Statements: Why you Need to Update yours Before the Year Ends When it comes to your small business, one of the most important things you can do is keep updated financial statements. As a business owner, you likely already know that bookkeeping and accounting...
by Folasade Ayegbusi | Sep 25, 2022 | Bookkeeping
3 Common Problems of Bad Bookkeeping and their Solutions Over my several years of experience helping small businesses with their accounting and taxes, I realized there was an alarming rate of neglect regarding bookkeeping. Some small businesses don’t have bookkeeping...
by Folasade Ayegbusi | Sep 30, 2020 | Accounting, Bookkeeping, Tax
The Extended October 15 Tax Returns Filing Deadline is Almost Here. In a few days from now, it will be October 15, 2020, the tax deadline to File 2019 Returns. In case you have been thinking of another postponement, it is not going to come. Remember, the IRS extended...
by Folasade Ayegbusi | Jan 31, 2020 | Bookkeeping, Tax
How Does Bookkeeping Help My Taxes1. Let you to accumulate and track all of your expenses2. Makes your tax return audit-proof.3. Easier to file since you have the proper records4. Protects your Revenue and Accounting Method Worrying about how does bookkeeping help...
by Folasade Ayegbusi | Nov 29, 2019 | Bookkeeping
Entrepreneurship: The numbers you need to know to grow your business upon browsing around for this installment, I realized that numbers are an issue with entrepreneurs. On top of all the challenges which they face, cashflow management tops the list. And, because it...