Bean Counters Bookkeeping Services, Inc.

Future You will thank Current You for getting this out of the way in December! 📲

Reach out to contractors you've paid over $600 to in 2022 and request their W9 if you haven't already. This form is going to provide you with almostttt all of the information you'll need to issue 1099s! ✉️

Speaking from experience, you don't want to wait until January to try to chase these down. 😅

📌 Save this post for the next time you can't reconcile your books!

If you take the difference between your bank balance and your account balance and the difference is divisible by 9 - you've probably transposed some numbers. 🔢

For example - are you just off by 9 cents, $3.60 or $90,000? Check your previous entries to make sure you didn't mix up the orders of your numbers!

Still struggling to get things to balance? It's time get another set of eyes on your books 👀

🎁 Don't forget to treat yourself this December! 🎁

No need to feel guilty about free-ing up the mental load of being a business owner - it's time to give yourself the gift of done-for-you bookkeeping✅

🖥️ Message us to set up your free consultation today!

📸 Picture this:

👉 You're not sure if you can afford to hire that new business coach
👉 Tax time makes you feel super stressed
👉 You feel like you have to do EVERYTHING to keep your business running

After meeting with a bookkeeper, your life is going to look a little more like this:

👉 Confident in your finances
👉 Well-prepared when it comes to saving for and paying your taxes
👉 Knowing you've got someone in your corner to turn to for support

Click the link in my bio to get to that "after" feeling ASAP!

When running your own business gets hard and you start to question what you're doing... remember your WHY! 🥰

⬇️ There's no wrong answer - let me know in the comments what motivates YOU to keep going!

Feeling a little lost when it comes to closing your books for the month? 🤔

📌 Save this post to reference a copy of our month-end bookkeeping checklist!

⬇️ Got a step you're stuck on? Leave your questions below!

Accurate record keeping can save you money in a few different ways:

💰 Deductions on your tax return
💰 Monitor for fraudulent spending
💰 Ensure correct bill payments
💰 Verify invoices are paid in the correct amounts by customers

Call to schedule a free review today!

Money can be a really stressful, awkward topic for a lot of people! 😬

Many business owners are hesitant to reach out because it can bring feelings of shame, fear of judgement, and anxiety.

Although this can be a difficult hurdle to overcome, gaining clarity over your business's cashflow will give you the insight on which areas to focus on and to make improvements.

Our goal is to help you gain confidence around your money situation. When we know your numbers, we work towards solutions together. 🤗

Are you ready to gain clarity and confidence around money? Give us a call for a free consultation.

Let's dive into the pros & cons of Quickbooks Online and Quickbooks Self-Employed to help you decide what works best for your business!

Don't know which one works best for you? Give us a call. We can go over which QuickBooks program that's right for your business.

Wishing you and your families a Happy Thanksgiving from the team at Bean Counters Bookkeeping Services, Inc!

We are SO thankful for each and every one of you and your support for our business this year!❤️

For many of us, we are looking forward to a festive 4-day weekend! Use this weekend to unwind and shop the great sales on Black Friday!

For a lot of entrepreneurs, it will also be a great time to catch up on on those not-so-fun tasks ... like bookkeeping!

If you'd rather spend your time on celebrating the weekend instead of working on your business books, give us a call.

As Advanced Certified QuickBooks ProAdvisors since 2009, we are able to provide top-rated QuickBooks support and training locally.

We are also tiered at Elite status within our ProAdvisor membership. This status enables us access to exclusive discounts on Intuit products which we pass along to our clients.

Call us today for a free consultation!

Serious question - what does success look like for your business?

Without *really* knowing what your numbers look like, it can be hard to tell whether or not you're meeting your goals.

👋 That's where I can help!

You've probably heard about SMART goals - the M stands for measurable. Numbers are one of the easiest ways to measure your goals, so let's work together to make sure you know what yours are! ✔️

Looking at it from a different perspective. ✨

Tax planning is the key to lessening your tax liability. Of course, you can't plan for taxes with outdated books.

Let us help you get on track. Reach out for a free consultation!

We're only a few short months away from saying goodbye to 2022 - so let's make sure you crush your goals!

Your financial statements are one of the first places to start when it comes to reflecting on your business goals.

Do you need some help on the analysis (or prepping these reports in the first place)?!

Let's set up a call to review your business goals and see how we can set you up for success today!

For business owners who don't have money withheld from their paychecks - a big tax bill can be a big problem 😬

Avoid that awful, sinking feeling by saving for your taxes throughout the year! A general rule of thumb is to save 30% of your taxable income for taxes.

How are you supposed to know that number (and what if it fluctuates during the year?!). That's where I can help! Keeping your books up-to-date will help you understand and plan for your taxes every quarter. 📆

Get prepared for tax season! Use this handy checklist to help you keep track of your tax docs. You'll be prepared to file and get your refund quicker plus this bonus...a happy tax preparer! 😉
https://digitalasset.intuit.com/DOCUMENT/A44724mxI/TurboTax_TaxPrepChecklist.pdf

digitalasset.intuit.com

We run on coffee and clean books 😁

This is the way we see life! 🥰

This poster is a beautiful addition to any room/office!😍😘
Order it here ➡️ https://rb.gy/thvgkh
Available for a limited time only.😎🔥

If you're using QuickBooks to manage your accounting, one of the most common issues we've seen are revenues that are overstated. Does this sound like you? If so, have your QuickBooks data reviewed so that you don't pay taxes on income you know you didn't generate.

We have an Advanced Certified QuickBooks ProAdvisor on staff and are an Elite ProAdvisor Program firm. From Full Charge Bookkeeping to one to one training, we have all your QuickBooks needs covered. We are open for free consultations by phone or by Zoom.

Find us on Intuit's Find a ProAdvisor website for more information!

Find an Accountant | QuickBooks ProAdvisor

Bean Counters Bookkeeping Services, Inc. updated their address.

Happy Friday, folks! Form 1099's are due on 1/31/2020. What are they you ask and does it apply to you? There are many various 1099 forms out there, but the most common form is the 1099-MISC. Read about it here. https://www.irs.gov/pub/irs-pdf/i1099gi.pdf. As always, if you need any assistance filing these forms, we are here to help! Count on us to count for you Bean Counters, it's what we do!

www.irs.gov

Do you owe estimated taxes for 2019? The final installment of 2019 estimated taxes is due on Wednesday, 1/15/2020. If you haven't figured out what you owe, it's best to start checking in with your CPA for tax planning or your bookkeeper to get your books up to date. If you don't know what estimated taxes are, click on the link below to learn more. https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes. Estimated taxes are also not the only taxes that are due. Here's a handy calendar to keep you abreast of additional important deadlines. https://www.irs.gov/pub/irs-pdf/p509.pdf

Happy New Year!

Merry Christmas from our family to yours!

Are you still unsure of which accounting software to use? Here's a link for a free test drive to QuickBooks Onlne. Enjoy! https://quickbooks.intuit.com/learn-support/en-us/use-products-or-services/test-drive-quickbooks-online/00/186455
vector image credit: 200degrees

Two more weeks till the start of tax season. It's time to start prepping for your year end tax forms. Click on the link for important Federal tax deadlines for the 1st quarter of 2020. https://www.irs.gov/pub/irs-pdf/p509.pdf.

www.irs.gov

Now that you've got your receipts and tax documents organized and separated between business and personal, it is time to start accounting for your expenses. While using a spreadsheet is fine, it's probably a good time to start considering a desktop or a cloud based accounting program. You can also skip the hassle and outsource your accounting to a bookkeeper or CPA firm. All businesses are different, so if you don't know where to start, give us a call. We offer a free consultation to help you find a solution to your bookkeeping needs.

Happy Thanksgiving to you and your family!

With tax season approaching, read our first tip to help you get prepared.

First off, we find that most business owners don't have the time to get organized because there is no filing system in place. With mounds of documents and receipts, it's one of the top reasons of why the bookkeeping is put off until the very last minute and we, as your bookkeepers, end up getting a shoebox of "stuff".

Are you looking to avoid that this year?

A simple, but effective, way to combat mounds of receipts is to use a 6-13 pocket accordion file folder. Start by sorting out your documents by month or by category. That way, you can section off portions to work on little by little.

If you found this informative, stay tuned for other tips and tricks to make the tax season smooth sailing for you.

photo credit: ben_osteen

Bean Counters Bookkeeping Services, Inc. updated their business hours.

We hate to be Debbie Downers during the holiday season, but don't forget that as we celebrate the New Year we have a tax season that follows! With 2019 coming to a close, it's also a good time to start tax planning if you haven't done so yet. Don't caught off-guard with a low tax refund or worse, having to pay taxes! It's time to start getting organized to close the year with a bang. Work with your bookkeeper, accountant, or CPA to make sure your books are lined up for the upcoming tax season.

photo credit: pictures of money

Thank you Gary at Island Shave Ice and Creamery, for the icy treats to cool us down last weekend. Bring the family in for some tasty treats from one of the newest shave ice parlors in Kapolei. With shave ice, Roselani Premium ice cream, crepes, shakes and Halo-Halo, there is a little something for everyone!

Our Advanced Certified QuickBooks ProaAdvisor has been providing one to one QB training to business owners across various industries for the past 10 years! Call us today to schedule Quckbooks training customized to you and your business needs!

Our friends at ADP has a great offer for employers! ADP is offering 50% off retail when you sign up by 11/15/19. It gets even better. If you have 5 or more employees, you'll also get months 4, 5, 6, and 7 free. To top things off, they will also waive the $500 setup fee for a SIMPLE IRA which is only $40/mo. Contact us for details!

Are you looking for an office space or know someone who does? We have a private office available for sublease in the downtown area. Message me if you’re interested or have any questions. Mahalo!

Thank you for your overwhelming response regarding our open positions posted last week. We're excited to say we've filled our Administrative Assistant position! Thank you!

We are still in need of full and part-time Accounting Clerks. If you or anyone you know is interested, please let them know.

Resumes can be sent to [email protected]

Thank you all again!

Happy Tuesday All!

Please spread the word! We’re looking for a Full or Part Time Administrative Assistant as well as an Accounting Clerk to join our team. If you or anyone you know is interested, please private message us for details. Thank you!

5 Reasons Why Attentive Bookkeeping Is Crucial for Small Business Success

A great article for business bookkeeping.

http://quickbooks.intuit.ca/r/staying-competitive/5-reasons-attentive-bookkeeping-crucial-small-business-success/?CID=SOC_Twitter_SBC-Blog_CA_Tweet

quickbooks.intuit.com Separating your accounts and paying attention to your bookkeeping is a critical factor when it comes to small business success. Learn why right now.