Burm Bookkeeping Solutions

Happy St. Patrick's Day from the Burm Bookkeeping Solutions team! ?? Just like a good bookkeeper ensures every number adds up, today let's celebrate the luck of the Irish and the balance we all strive for in our work and life. Here's to finding the pot of gold in everything we do -- whether it's balancing the books or achieving your personal goals. May your day be full of good fortune and financial success! #StPatricksDay #FinancialSuccess #Bookkeeping

With the increasing use of AI in many parts of business operations, what does that mean for bookkeeping?? AI is a powerful tool that can be helpful for bookkeeping - but cannot replace the need for humans that manage it. Combining the critical thinking skills of human bookkeepers with the use of AI technologies for data entry and processing could be the future of bookkeeping. Check out this great article on how AI is transforming the industry: https://lnkd.in/emyUTg-J #AI #Bookkeeping #Technology #Finance #Automations

A question we get asked often is whether or not you can use your business account to pay for things like gas for your vehicle. In some cases, you absolutely can! You can use your business account to pay for gas if your vehicle is used for business purposes. Business purposes could include things like: ?? Going to meetings ?? Traveling to business events or conferences ?? Going to job sites #FAQ #Bookkeeping #BusinessExpense #Finances

The short answer, YES! Many businesses have buildings, equipment and vehicles owned by the company or LLC. Most have liabilities like loans, payroll, and credit cards designated from the company or LLC. One thing that ALL companies do have, is owner's equity. Any amount the business owner puts into the business from personal funds and how much they take out of the business also calls for the need of a Balance Sheet. This information is vital for tax preparation! If you do not include a Balance Sheet with your Profit & Loss to your tax preparer, you aren't showing the entire company financial story and you’ll miss out on data that can benefit your business and tax liabilities. #Finances #Business #Assets #Liabilities #Equity #Bookkeeping

Do you own an established business looking to thrive? Tired of spending all your time stressing over budget sheets? You need professional bookkeeping services and Burm Bookkeeping Solutions has got you covered! We offer custom packages designed to save you time and reduce your workload. ???? Schedule a consultation and experience the freedom from the spreadsheet! #Bookkeeping #Finances #BalanceSheet

Not sure when to file taxes by for 2024? Here are two important dates to put on your calendar depending on your needs! Get a head start and schedule an appointment with your bookkeeper/accountant/tax preparer to get all of your numbers in order and documents ready before the deadline!? #TaxReminder #Bookkeeping #TaxDeadline #Finances #Taxes

And the answer to all of these… NO! Don’t worry though, tax time doesn’t have to be a cumbersome task and you don’t have to do it alone. Burm Bookkeeping Solutions can help prepare your business for tax season, so you can get back to running a business. ? Email or message us today - we’re taking on new clients! ?? #TaxSeason #Bookkeeping #Taxes #Business

It's officially 2025, but there’s still some 2024 items left to do! Friendly reminder to all business owners who have employees or used independent contractors in 2024... if you haven't already started on your 2024 W-2’s and 1099’s, be sure to complete them and get them out before January 31st. ? #Bookkeeping #Payroll #W2 #1099 #NewYear #2025

At Burm Bookkeeping Solutions, we would like to wish you and your family a very merry Christmas and a happy New Year. ??? Have the happiest of holidays, and we'll see you in 2025!

Checking your payroll statements before the end of Quarter 4 is important to ensure you’re up to date on paying all withheld taxes. Run a payroll liability report, then verify your bank account has enough cash flow to payout all of the outstanding employee wages through the end of the year and catch up on any withheld taxes that haven’t hit your accounts yet. Do this before the holidays for a stress-free ending to Quarter 4! #Bookkeeping #Payroll #Taxes #Q4