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The Ugly Truth About Unreconciled Accounts (and How to Fix Them)

The Ugly Truth About Unreconciled Accounts (and How to Fix Them)

by Juliya Moody | May 27, 2025 | Accounting, Bookkeeping

You know that feeling when you ignore your bank statement for three months and just hope everything is fine? Yeah—your accounting software feels that too. Unreconciled accounts are ticking time bombs. If your books say you have $20,000 but your bank says $13,000,...
Why You Need a Financial Dashboard (and Not Just Because It Looks Cool)

Why You Need a Financial Dashboard (and Not Just Because It Looks Cool)

by Juliya Moody | May 22, 2025 | Accounting, Bookkeeping

If spreadsheets give you hives, a financial dashboard might just be your new best friend. It’s like Instagram, but for your business finances—pretty charts, key numbers, and no political arguments. What is a financial dashboard?A visual representation of your...
KPIs for Small Business Owners: Stop Guessing, Start Measuring

KPIs for Small Business Owners: Stop Guessing, Start Measuring

by Juliya Moody | May 22, 2025 | Accounting, Bookkeeping

Running your business without tracking key performance indicators (KPIs) is like flying a plane with your eyes closed and hoping for the best. Sure, you might land safely, but odds are you’ll crash somewhere in the Pacific. What are KPIs anyway?They’re the numbers...
S-Corp Salary Rules: Pay Yourself, But Not Like a Game Show Host

S-Corp Salary Rules: Pay Yourself, But Not Like a Game Show Host

by Juliya Moody | May 22, 2025 | Accounting, Bookkeeping

Electing S-corp status for your LLC can be a tax-saving move. But with great savings comes great responsibility—mainly paying yourself a “reasonable salary.” That’s IRS-speak for: Don’t try to get cute. So, what’s a “reasonable” salary? It depends on your role and...
Mileage Tracking for Tax Deductions: Yes, Even for Taco Runs (Maybe)

Mileage Tracking for Tax Deductions: Yes, Even for Taco Runs (Maybe)

by Juliya Moody | May 21, 2025 | Accounting, Bookkeeping

If you use your vehicle for business, you may be driving right past deductions every day—literally. Mileage tracking is one of the simplest ways to reduce your tax bill, but only if you do it right. What qualifies as deductible mileage? Driving to client meetings...
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