The cold January weather has arrived in New England making it all the more appealing to stay inside. There’s never a time that I don’t enjoy bookkeeping work but on a cold January day, cozy in my Wayland office, bookkeeping brings with it a familiar sense of calm and...

“Hope is not a financial plan.”  – Ric EdelmanThere are a few things in life that just make sense –– the warmth of a campfire on a cool autumn night, peanut butter and chocolate, snuggle time with your dog...  Whatever our opinions are of these things,...

I view it as an impressive sign of strength when business owners admit to me that they don’t know how to read financial reports. And here I’ll bet you thought you were the only one who didn’t know how! Not so. In fact, that exact line has been spoken to me in hushed...

There’s no time like the present to prepare for the 2020 tax filing season. A great place to start is to become familiar with the new IRS form for reporting non-employee compensation. Beginning with tax year 2020, businesses are to use Form 1099-NEC to report any...

As if being a business owner isn’t hard enough – this year presented a number of usual challenges. However, here we are in late summer and so many small businesses have found ways to keep going and doing so in a (somewhat) profitable way. Way to go!As is...

There are those things we’ll never forget – our prom date’s name, graduation day, or how much we spent on our first new car. Life’s informational tidbits reside deep in our memory and are readily recalled when prodded by a question, a song, a conversation with an old...