Thursday, January 31, 2013

Accounting tip - Why hiring a professional is important.

Hiring a bookkeeping professional will save business owners time and angst. Professional bookkeepers are experts in their field and can streamline the business accounting process. Though business owners often insist on keeping their companies books, their lack of expertise can result in improperly recorded data and wasted time and money. Books can be completed accurately and in a timely fashion by a bookkeeping professional and is the best long-run option for businesses.  Need help on your businesses' books or know someone who does?  Accounting by the Hour LLC is here to help - contact us today!

Monday, January 28, 2013

Phone Expenses- Start the new year off right.


           Many people use their home phone for business and personal use.  Each month take the time to go through your phone bill and highlight calls that were made for business.  Make a quick note about who the call was or what deal it involved.  Many times small businesses lose this tax deduction because they didn't keep good records.  A bookkeeper or accountant will not write off these unless you can classify the difference correctly.  It's much easier to do it monthly then yearly.


Stop saying, "I'm a small business, I don't need a bookkeeper." The longer you wait to set up good accounting practices, the more expensive it will become.  Contact us today to learn about our services - www.accountingbythehourllc.com