Tips for saving money in 2021

Tips for saving money in 2021

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...
Ok I Admit it I Can’t Read Financial Reports

Ok I Admit it I Can’t Read Financial Reports

“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, they are...
Where Did Box 7 go?

Where Did Box 7 go?

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...
What’s Next

What’s Next

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 often said on...