Phoenix Accounting

Welcome to July! I hope you have had a wonderful summer so far, even if it's hot... 🌤 🍉

"Keep your face always toward the sunshine—and shadows will fall behind you." - Walt Whitman

Get in Touch!
📞 : 256-341-8517
📧 : [email protected]
🖥 : https://zurl.co/76sV

Technology is expensive! 📲💸

However, did you know that you can write some of it off? It all depends on the intended usage for the device. You can write off phones, tablets, computers, and other technology gadgets for your business. You have to claim it based on the percentage of business use. For example, a phone may be used 40% for personal and 60% for business.. you can only write off 60% of the phone cost.

Need help learning how to use necessary expenses to your advantage? Call me!
📞 : 256-341-8517
📧 : [email protected]
🖥 : https://zurl.co/1MXc

Did you know that you are supposed to pay quarterly taxes throughout the year? 💸

This is one of the ways to calculate your estimated quarterly taxes...
Add together all of your income that you expect to earn throughout the year. Subtract any deductions or expenses you expect to have. Then, multiply that number by the tax bracket you believe you will be in plus self-employment tax. Divide this number by 4 and pay quarterly! Consult with a tax professional before filing!

See how I can help you!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/7cPa

Just some mid-year motivation.... ✨💛

If the first half of the year has fallen short of your goals, do not be discouraged!

Most people give up right before the best is coming.. aka Quarter 4! You've got this, we believe in you!

Let's get you ready for Q4!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/Hy1q

Did you know that cyber threats cost businesses billions of dollars per year? Do not fall for common phishing schemes to protect your business! But, how can I do that?

📲 Phishing scams are typically from numbers/emails that you are unfamiliar with. They also may have grammatical errors.
📲 Phishing messages usually want the receiver to take action quickly and in a hurry.
📲 These scams may include suspicious links which you should not click on.
📲 The email address may look similar to the domain of your company, so look out!

Protect your finances and business!
📞 : 256-341-8517
📧 : [email protected]
🖥 : https://zurl.co/J8nt

Inflation seems to be a topic brought up in every conversation these days... but, how can you combat inflation when it comes to your business? Here are general tips to help you brave through any economic hardships:

One of the ways to protect your business against inflation is by increasing your prices, it can offset the increase of expenses. You can also try to automate time consuming tasks to increase business productivity. The best thing you can do is track your expenses to see how much inflation may be hitting your business. ✍️

See how I can help you!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/udlq

Artificial Intelligence is all of the rage in the news, but how can it impact your business? It is completely normal to want to ignore technology that you fear may make your business obsolete, but embracing new technology can give your business a competitive advantage!
📝 Copywriting
🤖 Chatbot
📧 Managing Emails
📆 Creating Schedules

Learn More.
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/DWKE

Self-employment is not for the faint of heart! It consists of long nights of bookkeeping, marketing, and working on client projects. When you see the self-employed gurus online telling you that it is easy, remember to think about some of these myths...
💰 They have more free time
💰 They have complete control of their schedule
💰 They have the ability to get rich quickly

Self-employment is hard work and takes a lot of sacrifices, but we think it is 100% worth it!

📞 : 256-341-8517
📧 : [email protected]
🖥 : https://zurl.co/Aj2U

Your bottom line is heavily impacted by your revenue and expenses, so keeping expenses down is important. When checking your monthly expenses, look out for these expenses...
🖥 Software Subscriptions
🏢 Rent/Office Space
🖇 Office Supplies
💰 Solo-work, not outsourcing

See how I can help you!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/TSpj

Time is money in the world of business, so how can you be more efficient with your time? Here are some ideas to help...

💸 Outsource tasks that you are not an expert at.
💸 Create a daily schedule the day before.
💸 Use software to automate tasks.
💸 Minimize clutter and distractions.
💸 Use templates for content or documents.

Let's get to work!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/ifn3

So, you got through the April rush.. but what can you do now to make the 2023 tax season easier?
⚡️ Update your Systems - Did you struggle with using certain software or need to keep better record of your finances? Update your practices.
⚡️ Consult Tax Professionals - Ask tax professionals, bookkeepers, or accountants how to save money or time for next year.
⚡️ Store Documents - Do not lose your tax documents. Keep them in a safe place for years to come. You may need them!

Connect with us!
📞 : 256-341-8517
📧 : [email protected]
🖥 : https://zurl.co/Psbh

Outsourcing is something that every business has to do! It may mean hiring a full-time employee or a contractor for one-off jobs. Here are some popular services to outsource...
💸 Bookkeeping
💸 Marketing
💸 Graphic Design
💸 Web Design
💸 Customer Service
💸 Sales
💸 Legal Help
💸 IT Management

Let's talk!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/Zs3c

QuickBooks is an amazing tool, but it does not replace the skills of a bookkeeper. A bookkeeper can save you time and help you with...

⚡️ setting up QBO to fit your needs
⚡️ making sure things are running smoothly in your business
⚡️ updating you about your business' finances
⚡️ and more..

Let's Chat!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/dkxQ

Are you sick of stressing over finances because you do not know how to manage your books (or want to manage them?..) 😅

Stability starts with accurate books!
Accurate books start with bookkeepers!
You know who to get in touch with...

Contact Me!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/0TAp

Successful entrepreneurs rarely get to where they are without some healthy habits!

Here are 5 habits that successful entrepreneurs prioritize:
✨ Tracking progress toward goals
✨ Prioritizing tasks and managing time
✨ Finding a solid work-life balance
✨ Being flexible when having to pivot
✨ Wanting to learn and gather knowledge

Contact Us!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/Qw8y

Happy Father's Day! 💛

“There is no teacher equal to mother and there's nothing more contagious than the dignity of a father.” - Amit Ray

We hope that you take today to spend time with the amazing fatherly figures in your life.
We will be taking the day off to celebrate our loved ones.

Talk to you tomorrow! We will get back with you soon.

Quarterly estimated tax dates are important for people who are self-employed. When self-employed, you do not pay taxes out of your paychecks, so you must pay estimated quarterly taxes. Here is when they are due...

✨ January to March - April 18, 2023
✨ April to May - June 15, 2023
✨ June to August - September 15, 2023
✨ September to December - January 15, 2024

Contact Me!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/7uY0

Taking your business to the next level can be a challenge. Investing in your business can definitely help give you a boost, but how do you know what investment is worth your time or money? Ask yourself these 3 questions...
💸 Are the benefits measurable?
💸 Will it improve customer experience?
💸 Will it cost too much time to implement?

Chat with us!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/rt4u

Did you know that... bookkeepers are not a seasonal need, they are a year-round investment that can enhance your business.

Bookkeepers are a huge asset to your business because they can take stress off of your plate and ensure that your finances are in order! We are also a write off. 😉

Let's work together!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/AAxb

When working with a bookkeeper, tax accountant, or other financial professional, you might see these abbreviations thrown around..

☑️ DR - Debits
☑️ GAAP - Generally Accepted Accounting Principles
☑️ CR - Credits
☑️ CF - Cash Flow
☑️ P&L - Profit & Loss

Let's Chat!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/YIHX

Welcome to Financial Terms 101! Today, we are gonna learn about trial balances! ⚖️

What is a trial balance?
A trial balance is a financial statement that has all of the account ledgers and balances for a company.

Learn more with us!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/m9Ak

Let's test your tax form knowledge.. 📃

What is Form 1095-C?
A Form 1095-c is used for providing information about the healthcare coverage that your employer provided for the tax year.

Learn more!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/pPU9

As we come up on halfway through the year, we need to make sure that our business is in check!
Here are some general tasks to catch up on...
☑️ Ensure you have your bookkeeping updated to the current month.
☑️ Set aside $$ for your quarterly estimated taxes.
☑️ Update your social media pages with accurate information.
☑️ Keep up with your password tracker and reset passwords that need changed.
☑️ Keep up with your receipts. Make sure that you are tracing and reporting them.

Contact Me!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/2syv

Never worked with a bookkeeper before? No worries, we can walk you through the process of finding the best bookkeeper for your business! 😉

Q: How often will I need to reach out to you if you manage my books?
A: It‘s always great to stay in touch at the very minimum on a quarterly basis, but our experienced accountants are always in touch whenever you need us!

Chat with us!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/bWFE

At Phoenix Accounting, we are ready to serve you and your business! We have many packages that can fit your unique needs. We know that not one-size fits all! Here are some of the services we offer...

⚡️ Service 1: Accounting & Bookkeeping Services
⚡️ Service 2: QuickBooks Set-Up
⚡️ Service 3: Payroll Services

and so many more!

Let's get to work!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/BlYi

Ideas are just thoughts and words until they are put into action!
Turn your brilliant ideas into actions! 💡

"It's not about ideas. It's about making ideas happen." - Scott Belsky

📞 : 256-341-8517
📧 : [email protected]
🖥 : https://zurl.co/R687

Bookkeeping dates all the way back to ancient civilizations. For example, the Egyptians used papyrus and hieroglyphics and the Babylonians used clay tablets to track the transactions they made. 💸

Bookkeeping has changed significantly since then, but it is still just as important to succeed in business.

Learn More!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/Vh51

That feeling when you do not have to do your own bookkeeping...
Every day can feel like this when you work with us! 😉

Want this feeling? Get in touch!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/N6S5

hank you for your review, I am so grateful for my amazing clients. 💛

"Thank you for your services. They have been a game changer for my business. Hannah is amazing." - Violet

P.S. We are accepting new clients right now!

Let's Work Together!
📞 : 256-341-8517 | 📧 : [email protected] | 🖥 : https://zurl.co/rfxt

👋 Hey, there! I am Hannah Padgett.

Thanks for sticking around! I just wanted to share some quick facts about me..
I am a North Alabama native that enjoys spending my free time riding horses. I received my undergraduate degree from the University of Alabama in Huntsville and my Executive MBA from the University of North Alabama. I love everything about Alabama and all that it has to offer.

Also, I am a QuickBooks Pro Advisor!

Let's Talk!
📞 : 256-341-8517
📧 : [email protected]
🖥 : https://zurl.co/zK7n