
6 June 2020 | 24 replies
I am a small company (me, plus a VA and a bookkeeper), but I think it's important to have it to keep things consistent, and from a liability standpoint.

18 July 2021 | 9 replies
I suggest to use the 2% rule - your cost to setup asset protection and maintain it (you'll have initial costs and then additional overhead because of it, in a rough proportion on 75%/25% - e.g. let's say it costs you 3K to get the LLC structures in place, you should count an additional 1K annually in bookkeeping, CPA and lawyer costs to maintain it) should be less than 2% of your equity to protect (and again, using the 4K costs, that means you should have at least 200K in equity).

12 May 2020 | 3 replies
Hey guys, Im looking for a relatively cheap or free bookkeeping software.

16 September 2023 | 18 replies
However the cleaner has to cover their transportation time and costs, pay their SS tax, pay income tax, pay for or do their bookkeeping, pay for cleaning supplies and equipment.

2 October 2019 | 8 replies
@Billy Linn it’s receipts, book keeping, basic budgeting.

25 January 2024 | 7 replies
As you scale, consider hiring a bookkeeper if accounting isn't your thing.digb is a great software for this.

18 April 2021 | 5 replies
It's extra labor and bookkeeping, but it beats having a surprise thousand-dollar water lien against the property.

6 December 2021 | 4 replies
Need to have checkbook Roth IRA for bookkeeping purposes to keep income and expenses segregated in same % as ownership, personal % vs Roth %.

26 August 2019 | 3 replies
a) Office Supplies (e.g. stamps, envelopes) b) Software c) Gas/Mileage d) Advertising + Payroll e) Concessions f) Lease loss g) Lease renewal fees12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisorIf you want to be precise, maintain a spreadsheet with the mechanicals that calculates exactly how much you need to put aside, per year, per month, when:

9 April 2021 | 9 replies
This policy also makes your bookkeeping easier because instead of keeping track of depreciation, it's just an expense.