Blog

October 29, 2024

Beneficial Ownership Information (BOI)

We wanted to inform you about the new regulations under the Corporate Transparency Act (CTA), which require many companies, including those registered in Washington State, to file Beneficial Ownership Information (BOI) with the Financial Crimes Enforcement Network (FinCEN). Please note that this filing needs […]
October 31, 2022

Self-Employment Taxes

If you’re a freelancer, independent contractor, or small business owner, you are required to pay self-employment taxes each year. Working for yourself has lots of perks but navigating how to pay your taxes can get confusing. The experts at Sound Bookkeepers are here to […]
July 29, 2022

Who Should Start a Business?

The majority of people who want to launch a business have certain objectives, and these objectives frequently center around or entail making money. The majority of firms are operated primarily for financial gain, but this shouldn’t be the only factor in determining success. If […]
July 29, 2022

Stages of a Business

Many people dream of starting their own business when they are young, but doing so can be challenging, especially in the beginning. Ideas are the starting point of every business journey. It generally only takes one person to come up with an idea, but […]
July 29, 2022

Time Vampires

Regulators like the IRS and the Department of Revenue make sure you don’t ignore the precise figures they require for very long. It’s not a coincidence that people who might otherwise be living in denial about their true profit will find this to be […]
July 29, 2022

The Three Types of Accounting

Accounting can be divided into three categories: financial, managerial, and tax. People typically associate accounting with tax accounting, which entails submitting tax returns to the IRS. However, since financial accounting is record keeping, you cannot perform tax accounting without first performing financial accounting. It […]