Blog Home (206) 794 3864

How to handle an audit

Posted on May 20, 2016

I come from a school of thought that says everybody's busy and everybody wants to do a good job. This includes auditors. what an auditor is thinking about looking at your business, what they're looking for are clues to a puzzle. They're looking for mathematical and logical consistency. They're looking for a business owner who is being helpful.

Read More

How much should I set aside for taxes?

Posted on Feb 12, 2016

Withholding taxes is something most business owners know they should do, but aren't sure exactly why, or how to know how much to set aside.

Read More

Free tax assistance for 2016 tax season from Sound Bookkeepers

Posted on Feb 1, 2016 at 9:00 PM

This year, Sound Bookkeepers is offering a free Tax Hotline for entrepreneurs. Simply call 844 TAXESWA or 844-829-3792 and we’ll answer all your tax filing questions. Make sure you leave us your contact information such as your name and phone number so we can return your call within 24 hours, often within 30 minutes! That’s how good we are!

Read More

Scary Statistics

Posted on Jan 11, 2016

53% of college grads are underemployed or unemployed and 70% of college grads have degrees they can’t apply in the workforce. This is one reason why the self-employment lifestyle is gaining ground.

Read More

Why isn't a loan repayment an expense?

Posted on Nov 11, 2015

here’s one way I can explain this. This is the accounting equation Assets = Liabilities + Owner’s Capital + Revenues – Expenses – Owner’s Draws For Corporations it’s Assets = Paid-in Capital + Revenues – Expenses – Dividends – Treasury Stock

Read More

No Website? You're not alone says Infusionsoft

Posted on Oct 10, 2015

I just finished reading the 2015 Infusionsoft Small Business Market Research Sales and Marketing Report. (whew, that’s a lot to say). Turns out, word of mouth is still the number one way small businesses grow.

Read More

Sound Bookkeepers Wins Best Accounting of Shoreline 2 Years in a Row

Posted on Oct 10, 2015

Sound Bookkeepers has been selected for the 2015 Best of Shoreline Award in the Bookkeeping category by the Shoreline Award Program.

Read More

How do You Bill?

Posted on Oct 10, 2015

A client asked this question so I’m copying the answer I sent them in the hopes it will help you. “We are about to buy a computer and I’m about to start paying for software subscriptions. I’m assuming we’d just charge those to our business account, yes?”

Read More

Building Good Accounting Habits

Posted on Oct 10, 2015

Here is a new video I just created to help my clients and others build good accounting habits. Please give it a view and a like if you feel. Thanks.

Watch Video

Here's why Good Accounting Makes Sense

Posted on Oct 10, 2015

This article I read today really exemplifies what can happen if we don't make good accounting a priority.

Read More

How Tax Returns Work

Posted on Oct 10, 2015

This is a video I created explaining how tax returns work.

Watch Video

How to Make Your Phone Ring

Posted on Oct 10, 2015

Everyone wants their phone to ring, but not everyone is going about that in the right way.

Read More