Understanding Business Travel Expenses | What You Can and Can’t Write Off

Understanding Business Travel Expenses | What You Can and Can’t Write Off

Traveling for business can be both exciting and essential for professionals in various businesses, industries, and professions. Business travel can come with its fair share of expenses, whether you’re attending conferences, meeting clients, exploring new opportunities for growth, or temporarily working away from your home office. It can be confusing to navigate the world of […]

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How Accounting Technology is Transforming The Industry

In a world where technology is advancing at faster and faster rates each year, accounting technologies are no exception. With accounting being such a critical component of all businesses, there are many benefits of embracing these new technologies that are hitting the market and transforming the traditional methods used in the industry. Read on to […]

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How to Create an Automotive Parts Pricing Strategy for Your Auto Repair Shop

If you own an auto repair shop, it’s important to have a solid automotive parts pricing strategy in place in order to increase revenue and profitability while also ensuring that your customers get a fair deal and keep coming back to your shop for future repairs and services. Read on for a few tips on […]

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How to Improve Labor Productivity in Auto Shops

The profits generated from auto repair labor are significant to the success of auto shops. As a bookkeeper that works with auto repair shops, I’ve seen instances where the labor margins are negatively impacting the bottom line and are not where they should be. Oftentimes, the amount of labor sales and the amount spent in […]

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Extension of the IRS Lookback Period : What you need to know

It’s been 3 years since the onset of the global Covid-19 pandemic, and we are still feeling the side effects when it comes to accounting, taxes, and tax refunds. In both 2020 and 2021, the IRS issued notices under the Tax Code, giving them the authority to postpone deadlines and due dates related to filing […]

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