What Makes Up a Clean Set of Books
A clean set of books means that everything is caught up. But what is everything? We use this to mean all accounts are reconciled, uncategorized transactions are figured out, all bills and invoices are up to date, tax forms are filed, and the journal entries are done. The most common thing I see when I […]
Business Hurdles
There are essentially four hurdles in business. The first hurdle is your first dollar. A lot of people try to start a business and they never really get it going, they never get a dollar out of it or make it over the first hurdle. However, after you make your first dollar, there’s not really […]
Essential Business Knowledge
As Jim Rohn said, “When I started my business, I was running it. Now what? It’s running me.” For a lot of business owners, even without the bookkeeping being on their task list, they still feel like the business is running them. If this describes you, you know that this is a solvable problem, but […]
Business Organization
Organization is generally broken down into three sections: sales & marketing, operations and finance. A lot of business owners spend like 90% of their time in operations, maybe 5% in finance and the rest of it in sales & marketing. Depending on the organization and where it is in its life cycle, maybe more time […]
Tax Ruling
Being a small business owner is hard enough, but making sure your taxes are filed correctly is an entirely separate challenge that many business owners are not prepared to handle on their own. You don’t want to be audited and find out you’ve not been filing correctly, this can be extremely costly and in some […]
Estate Bookkeeping
Russ Shulman Phone: (206) 794-3864 Email: russ@soundbookkeepers.com Estate Bookkeeping Are you currently or going to be an executor of an estate? If so, you will be tasked with recordkeeping, something that can be challenging if you are not aware of what to do. When a person dies who has heirs, you have to provide accurate […]
Working With Your Tax Preparer
Russ Shulman Phone: (206) 794-3864 Email: russ@soundbookkeepers.com Working With Your Tax Preparer A lot of people think that bookkeeping and accounting are the same things. Although bookkeeping is a part of accounting, bookkeepers and accountants are very different people. Your bookkeeper does all of the record-keeping while your accountant does the tax filing with the […]
A Guide to Bankruptcy Bookkeeping for Your Business
Bankruptcy bookkeeping helps you organize financial records for court approval. Learn key steps and tips to simplify the bankruptcy process.
Bankruptcy Bookkeeping
Russ Shulman Phone: (206) 794-3864 Email: russ@soundbookkeepers.com Bankruptcy Bookkeeping Bankruptcy bookkeeping can be a difficult process. Sound Bookkeepers is here to help as CEO Russ Shulman has worked at the Washington State Bar Association and has provided consulting services for attorneys specifically in tax, real estate, bankruptcy, personal injury, family law, criminal law, estates, wills, […]
Real Estate Bookkeeping
Russ Shulman Phone: (206) 794-3864 Email: russ@soundbookkeepers.com Real Estate Bookkeeping Real estate lingo takes a while to learn. If you are in real estate or mortgage, you want to work with someone who understands what you are saying. Russ Shulman and the team at Sound Bookkeepers are exactly that. Russ had a mortgage brokerage from […]
