SPJ Solutions

Taxes!!

January 15th will be here before you know it! Your estimated taxes for the fourth quarter of 2021 will be due!

Let us help you along the way! Contact 📩 us today!

3 essential components of a balance sheet & a reminder why bookkeeping is important!

Everything the business owns (assets) is balanced in comparison to the claims against the company (liabilities and equity). Fees and penalties are associated with what you owe vendors and or lenders. Owners have claims against remaining assets (equity).

Let us be the solution to your troubles! Contact 📩 us today!

Bookkeeping Fun Fact!

Walter E. Diemer was an accountant and the inventor of bubble-gum. He was born and raised in Philadelphia, Pennsylvania, where he was working as an accountant at Fleer in 1926, when the company president sought to cut costs by making their own gum base.

Why do we convince ourselves to put off tasks for when we’re less busy? Almost half of small business owners work more than 50 hours a week as it is. In many cases, that does not include time dedicated to your company’s financial health.

The time to do it later slips way as you are pulled into other projects that compete for your time. Don’t let your bookkeeping fall behind as a result! To avoid an unwanted document backlog, break up your schedule and assign simple accounting tasks throughout your day. Better yet, hire a reliable, professional bookkeeper to help keep you on track!

Let us be the solution to your troubles! Contact 📩 us today!

Business Analysis! A vital step for any business owner is understanding your financial position to help manage that all important cash flows! A qualified bookkeeper can be the resource you need to help assess your business performance by identifying strengths and opportunities.

SPJ Solutions is here to help. Contact us to learn more about various services available to you.

Let’s be honest. Running a small business is hard! With the constant pull from project to project and a million other details to attend to throughout the day, it’s no wonder why many businesses struggle with maintaining proper records or finding the time to budget for your business properly.

Budgets are vital for business; they help prepare a roadmap to success. Hiring a qualified bookkeeper can help you navigate the budgeting process by assessing your financial resources and manage income vs expenses.

Let us be the solution to your troubles! Contact 📩 us today!

Helpful bookkeeping tips for small businesses 👩‍💼 👨‍💼

1️⃣ Keep finances 🧾 separate between business and personal.
2️⃣ Automate where possible to increase efficiency! 💻
3️⃣ When in doubt, keep the records & retain an audit trail!📂
4️⃣ Set reminders for deadlines! 🗓
5️⃣ Track all your expenses, they will come in handy when it comes to tax deductions!🖇
6️⃣ Never get sloppy with your books! Your books and business is only as good as you can support it! If you can’t prove it, no one will believe it. Keep your books priority!🧮

Let us be the solution to your troubles! Contact 📩 us today!

Did you know about weekend bookkeepers? 📃

Wouldn’t it be great 😍 to finish your weeks hard work, and enjoy 😊 the weekend away from documents? 📝

A weekend bookkeeper works Saturday-Sunday shifts. Tracking 📈 spending and receipts for a company, handling invoicing📑 - this role can extend to that of an accountant and create financial statements, reconcile 📊expenses and 💵 income, and perform accounting tasks using spreadsheets 📈 or bookkeeping software such as Intuit Quickbooks. These responsibilities vary depending on your needs of course.

Wouldn’t it be amazing to return to work on Monday and have all this work done? ✔️✔️✔️

Let us be the solution to your troubles! Contact us today!📩

Let’s talk organization - it’s not only important in your home life, but business life as well!

Organization of financial records is very important. You should be able to easily assess your financial information at anytime. This will help when it comes to applying for grants, loans, or even attracting investors.

Next five tax dates for your small business:

• January 15 – Quarterly estimated taxes due
• January 31 – Payroll taxes due
• January 31 – 1099s must be delivered—Electronic filing may be REQUIRED
• January 31 – W2s must be delivered—Electronic filing may be REQUIRED
• January 31 – Wage reports are due

Keeping financial records for your business is required by law. Not having records could cause your business to be legally closed down, lead to large penalties or worse. So, in short, you may want to consider hiring a bookkeeper.

Why is bookkeeping important?

There are many reasons, one is because it makes filing a tax return easier for your business. With a proper organization of records on your earnings, you won’t have to worry about scrambling for receipts and invoices because all your records are properly documented.

Bookkeeping Fun Fact!

Luca Pacioli was the second person to publish a work on the double-entry system of book-keeping.

Bookkeeping Fun Fact!

Walter E. Diemer was an accountant and the inventor of bubble-gum. He was born and raised in Philadelphia, Pennsylvania, where he was working as an accountant at Fleer in 1926, when the company president sought to cut costs by making their own gum base.

Hi Everyone! We are so happy to announce the launch of SPJ Solutions - your local small business specializing in bookkeeping, tax, advisory and training services. We are founded and owned by THREE hardworking and determined full time mama's with years of experience in financial statement and internal audit. We are resident CPA's, CFE's and Level 1 FSA's (ESG related SASB certification). We are so happy to share our journey with you. Tune in to learn about our founders and service offerings!