Bookkeeping insight, lessons from the podcast, and notes from building the firm. Sent every week — archived here.
This week: splitting loan payments between principal and interest, why a $30k profit on the P&L doesn’t mean $30k in the bank, and keeping the long-term goal in view when the day-to-day takes over.
Read more →This week: recording processor deposits at the full invoice amount so your top line and fees are both visible, staying with the business that already has traction, and keeping in touch with the right people instead of everyone.
Read more →Why booking Stripe, Square, and PayPal deposits net of fees understates your revenue, hides a real operating expense, and can put you out of step with your 1099-K — plus how to record them correctly.
Read more →Four reasons to clean up your books in Q4 instead of waiting for tax season, and a checklist to get your records in shape before December 31.
Read more →This week: collecting W-9s before the first check now that the 1099 threshold is $2,000, putting the one or two things that matter at the front of the week, and why clients mind surprises more than problems.
Read more →This week: keeping client ad spend out of your agency fee revenue, tracking every hour of the week instead of only billable time, and cutting the steps between a client saying yes and paying you.
Read more →This week: logging realtor mileage in QBO the week it happens, getting deliberate about where new clients come from, and what a client should be worth against what it costs to win one.
Read more →This week: getting subcontractor 1099 paperwork done long before filing season, why most businesses need better plumbing more than they need AI, and a $167 billion dam on a river India and Bangladesh depend on.
Read more →This week: why the sales tax you collect was never your revenue, Treasury and the Fed pulling against each other on long-term yields, and protecting time for the work that doesn't pay today.
Read more →This week: what the IRS actually wants to see behind a deduction, a gap between the markets and borrowing costs worth watching, and a note on showing up when the numbers don't cooperate.
Read more →This week: recording Stripe and Square revenue gross instead of net, what a podcast guest taught us about taking control, and why we still pick up the phone.
Read more →If your current foundation feels shaky, reach out. Let's start the blueprint.