accounting clean up murrieta | Stephanie Peterson

Independent 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...

The IRS Increases the Business Mileage Rate for 2022

Due 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...

5 Common Bookkeeping Mistakes You Must Avoid

Commingling Business and Personal Accounts Let's face it; it is not good business practice to blend business and personal finances. Not...

What 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...

Information Bookkeepers Need to be Efficient and Effective

It is vital to provide your bookkeeper with all the necessary information and documents they need; so they can adequately record...

The 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...

by Stephanie Peterson