Guest Author:

Andrew Freiman

Caught Red-handed: What to Do About Employee Fraud

No one wants to be the victim of employee fraud. But for small business owners, the chances of employee fraud are high. In fact, two-thirds of small businesses in the U.S. are victims of employee theft. The good news? You don’t have to be a victim.

State Income Tax Exemption: Exempt or Not Exempt? That Is the Question

By Andrew Freiman

Most of us would agree with the following statement: Employee wages are taxed federally and at the state level. But this isn’t always the case. Some employees can state income tax exemption.

Woman hiring a contractor on her cell phone.

Hiring a Contractor: Build it and They Will Come

By Andrew Freiman

As a small business owner, it’s your responsibility to know who’s the best person to hire for a job. Sometimes that means adding an employee to your roster. Other times, it means hiring a contractor. Hiring a contractor can help fill temporary or project-oriented positions. Read on to get the scoop on hiring independent contractors […]

Growing by the Numbers: Accounting Firm Growth Strategy

By Andrew Freiman

Any successful accounting firm has a growth strategy in place. You can’t afford not to. But, have you ever wondered if your accounting firm growth strategy is working? It’s always a good time to take your business expansion strategy back to the drawing board. We’ve put together a list of our top six tips for […]

Travel for Work: Tips for When Employees Go on a Business Trip

By Andrew Freiman

As a business owner, traveling for work can be exciting. After all, what employee doesn’t like driving around town to meet daily business needs, or better yet, going to a new place and meeting new people? But, whether it’s in town or out of town, travel for work can also be time-consuming, complicated, and frustrating. […]

The Matching Principle in Accounting: How a Debit and Credit Fall in Love

By Andrew Freiman

If you’ve ever sent an invoice to someone who planned to pay later, you’re probably using accrual accounting. It can be hard to keep track of finances when you’ve accrued payables and liabilities. But, using the matching principle can help you stay organized. The matching principle in accounting states that you must report expenses in […]

Changing Accounting Software? Here’s What You Need to Know Before Making the Switch

By Andrew Freiman

As a small business owner, you already have enough on your plate. There’s no reason to hold on to accounting software that doesn’t meet your needs. Changing accounting software can make your business’s day-to-day run smoother than ever.

Hand typing on a calculator with stacks of coins.

Keep Track of Your Giving Spirit With a Donation Expense Journal Entry

By Andrew Freiman

Did your business make a donation? Are you thinking about making one? If your business is in the giving spirit and donates to a nonprofit, you need to make a donation expense journal entry. The way you record a donation expense journal entry differs depending on the types of donations you give.

Two accountants writing on a piece of paper and using a laptop and calculator.

Is It Time to Take Your Services Remote? Offering Virtual Bookkeeping 101

By Andrew Freiman

Nowadays, everything seems to happen in the cloud and jobs everywhere are going remote. Well, go ahead and add virtual bookkeeping to that list. With virtual bookkeeping, accountants can work with clients remotely whether they’re in the same state or across the country. Interested in learning more about what it takes to become a virtual […]

Setting up an Accounting System: Crunching the Numbers

By Andrew Freiman

Software is a popular type of accounting system you can use to streamline your bookkeeping process. Depending on the software you choose, you can save your time and money and focus on running your business. But first, you need to know about accounting software setup. Lucky for you, our guide makes setting up accounting system […]