Stephanie PetersonJun 23, 20222 min readoutsourcingIndependent Contractor Status vs. Employee One of the most common errors a business can make is not having the correct status for a worker. The IRS is clear on what differentiates...
Stephanie PetersonJun 14, 20221 min readBusiness Mileage RateThe IRS Increases the Business Mileage Rate for 2022Due to the rapidly rising cost of fuel, the IRS just raised the business mileage rate from 58.5 cents per mile to 62.5 cents per mile for...
Stephanie PetersonSep 21, 20212 min readoutsourcing5 Common Bookkeeping Mistakes You Must AvoidCommingling Business and Personal Accounts Let's face it; it is not good business practice to blend business and personal finances. Not...
Stephanie PetersonSep 9, 20213 min readaccountingWhat Vendors Should You Send 1099-NEC & 1099-Misc Forms To? (2021)Over the past few years, there have been several changes and updates regarding the reporting rules for 1099 forms. In 2020, the IRS...
Stephanie PetersonSep 8, 20212 min readbookkeepingInformation Bookkeepers Need to be Efficient and EffectiveIt is vital to provide your bookkeeper with all the necessary information and documents they need; so they can adequately record...
Stephanie PetersonMay 13, 20152 min readThe Importance of Time Management“Lack of direction, not lack of time, is the problem. We all have twenty-four hour days.” ~ Zig Ziglar ~ Time management is the key for...