Category Archives: Bookkeeping

8 Important Steps to Closing Your Books for 2013

The year-end closing is a critical part of your annual accounting process.  If you are handling your own bookkeeping, here are some things that can do to help ensure your books are accurate. 1.    Perform a bank reconciliation of all … Continue reading

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Posted in Bookkeeping, Business taxes | 2 Comments

New Business – What to Deduct

I was posed with this question recently, one that I frequently get when someone starts a new business in Illinois. Q: “I just started a new business and want to start keeping track of things for next year’s taxes. What … Continue reading

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Posted in Ask Steve, Bookkeeping, Business taxes, Record keeping | Leave a comment

Why should you keep up on your bookkeeping?

We see many instances where a business owner hasn’t maintained their books in over a year.  Usually the result of this is an unexpected tax bill, the inability to understand their business from a financial point of view, and certainly … Continue reading

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Posted in Bookkeeping, Operations | 1 Comment