Blog & Articles

Year-End Bookkeeping Health Check — Prepare Your Books for Tax Season Year-end is not the time for surprises. Tax season goes smoothly only if your books are reconciled, categorized, and balanced. A Year-End Bookkeeping Health

Accurate Categorization in QuickBooks & Xero: The Foundation of Clean Financials Clean financial statements start with accurate categorization. If your categories are sloppy, your P&L lies, your balance sheet drifts, and your tax filings don’t

Why Bank Reconciliations Are Non-Negotiable in QuickBooks & Xero If your accounts aren’t reconciled, your numbers are guesses. Lenders, investors, and the IRS won’t accept guesses. Serious owners reconcile monthly, fix discrepancies, and lock periods.

Business Vehicle: Deduction vs. Mileage Reimbursement — What’s Best for Your Books? The wrong vehicle setup wrecks books and invites IRS questions. The right setup keeps your numbers clean, your insurance appropriate, and your deductions

Smart owners don’t leave money on the table—or risk messy books. If you use personal resources for business, reimburse them correctly. Do it cleanly, document it once, and move on with confidence. Want this handled?

You want accuracy and confidence. But do you need a fast, practical health check—or a formal CPA review? Here’s the clear, no-jargon breakdown so you choose the right level of service, at the right moment,

Unbalanced accounts are a warning sign. They distort your balance sheet, confuse your cash flow, and invite IRS scrutiny. QuickBooks and Xero won’t always flag them—so you need to know how to spot the red

The software you choose won’t save you from bad data. QuickBooks and Xero are powerful, but they’re tools—not auditors. If entries are misclassified, reconciliations are off, or timing is wrong, both platforms will still show

5 Common Bookkeeping Mistakes in QuickBooks & Xero That Cost Small Businesses Clean books protect your business. Messy books drain cash, trigger IRS attention, and sabotage decisions. Fix the big five mistakes we see every

Negative balances are a red flag. They confuse your financial picture, distort your reports, and if left unchecked, can create IRS problems or block financing. Business owners often assume QuickBooks or Xero will “catch everything.”

What Is IRS Letter 1058 (Final Notice of Intent to Levy)? IRS Notices Explained Written by Enrolled Agent Reviewed by Enrolled Agent Letter 1058 is a Final Notice of Intent to Levy & Notice of

What Is an IRS CP49 Notice? IRS Notices Explained Written by Enrolled Agent Reviewed by Enrolled Agent A CP49 means the IRS applied your current-year refund to other federal tax you owe. The notice explains

What Is an IRS CP12 Notice? IRS Notices Explained Written by Enrolled Agent Reviewed by Enrolled Agent A CP12 means the IRS corrected a math error on your return and adjusted your refund. Here’s why

What Is an IRS CP11 Notice? IRS Notices Explained Written by Enrolled Agent Reviewed by Enrolled Agent The CP11 means the IRS found a math error on your tax return that resulted in a balance

What Is an IRS LT16 Notice? IRS Notices Explained Written by Enrolled Agent Reviewed by Enrolled Agent The LT16 is an Urgent Request to Contact the IRS about an unpaid balance. It signals your account