Getting bookkeeping and accounting knowledge to the younger generation.
https://www.buzzsprout.com/2188873
Gesamtlänge aller Episoden: 8 hours 38 minutes
episode 32: Boosting Your Bookkeeping Bond
As tax season winds down, our resident bookkeeping mensch, Paul Rosenblum, has some words of wisdom for small business owners in this special (and not ranty) client’s toolkit episode. Toolkit for what? Being good to YOUR bookkeeper (even if they’re not Paul). The heart of it is, as Billy Joel aptly says, “It’s a matter of trust”...
episode 31: Bookkeeping Software, Part 2: Alternatives to QuickBooks
Curious about the differences between online bookkeeping software options? Our resident Bookkeeping Mensch, Paul Rosenblum, has got you covered! He shares crucial insights about the options available including the free, the simple and the ala carte (yes, that’s a thing!). If you’re just starting your business and are looking for the right bookkeeping software OR are in need of a change, get ready to take some notes...
episode 30: Bookkeeping Software, Part 1: The Pros and Cons
Alright, folks, listen up! This episode is a must for all you business owners and bookkeepers out there, because we're diving deep into the realm of online accounting……software! It's a game-changer, sure, but before you jump on the bandwagon, let our resident bookkeeping mensch, Paul Rosenblum, walk you through the ups and downs of each option. With his savvy insights, you'll be armed to make the right call on which cloud-based accounting tools to roll with...
episode 29: Audit-Free Bookkeeping Tweaks
In the midst of tax season, our resident bookkeeping mensch, Paul Rosenblum, delves into three crucial small business bookkeeping adjustments to make sure you avoid IRS scrutiny. Through three case studies, he addresses careful business shifts in payroll, company to company transfers, and intercompany transactions...
episode 28: Partnership Payout Puzzle
Ever wondered why partnership distributions sometimes leave partners scratching their heads, wondering where all the money went? Our resident bookkeeping mensch, Paul Rosenblum, delves into the intricacies of managing finances for a landscaping company partnership. He unravels the mystery behind taxable income on K1 forms and the nuances of distributing profits. Discover the secrets to navigating partnership finances and ensuring a smoother tax reporting...
episode 27: Preparing for the tax season marathon
Strap on your running shoes so you can train with our resident Bookkeeper Mensch, Paul Rosenblum, for his tax marathon preparation. Discover his methodical process for evaluating and streamlining clients' financial records, akin to pacing for a marathon, emphasizing precision and client engagement as crucial checkpoints along the way. He’s so prepared, in fact, that he recorded this episode during the holiday season in December...
episode 26: QuickBooks no more?
Why is July 31, 2024 a date to remember and possibly cry over? In this episode, our loveable bookkeeping mensch, Paul Rosenblum, takes us on a rollercoaster of emotions as he grapples with the impending retirement of certain QuickBooks Desktop products. That happen on, you guessed it, July 31st this year...
episode 25: 1099 Shenanigans: Updates and reservations from a seasoned bookkeeper
As promised, it’s time for our resident bookkeeping mensch, Paul Rosenblum, to update us on the 1099 situation. He specifically addresses the introduction of 1099K forms by third-party payment apps like Venmo and PayPal for transactions over $5,000 starting in 2025. Although this change is still some time away, it’s important to understand the potential challenges and questions surrounding how this might cause confusion. But don’t worry, you’re in good hands with Paul...
episode 24: A Complete Guide to Organizing Your Paper and Digital Tax Records
It’s organizational time with our overworked Bookkeeper Mensch, Paul Rosenblum. He’s not taking breaks these days but he did make time to share the importance of archiving documents with you in this episode. Remember, the IRS requirement is to retain readable receipts for seven years. But how? In order to show you, Paul explains how he has used both a paper and digital filing system to stay IRS organized. Keeping meticulous record-keeping can help you avoid issues during audits...
episode 23: Shaping your small business with life in mind
Each small business decision is like a snowflake gently falling into place and so in this podcast episode, our resident bookkeeping mensch, Paul Rosenblum, invites listeners into the winter landscape of his 30-year entrepreneurial journey.
He has skillfully navigated the frosty terrain, sculpting a business niche that mirrored the uniqueness of snowflakes – tailored to smaller companies, each with its distinct 'personality...