In our next installment of Financial Literacy Awareness Month content, BBTB VP Morgan Boudreaux walks through the six key takeaways from your financial reports, as well as addresses some frequently asked questions like, "How often should I review these reports?"

Running a business is hard. Implementing good habits can make it easier. We’re here to help. We’ve outlined our top five things NOT to do with your bookkeeping and accounting. This should act as a checklist of things to eliminate so that you can focus on implementing proper habits.

On January 1, 2024, the standard IRS mileage rate for the business use of an employee’s personal automobile increased from 65.5 to 67 cents per mile.

One of the most important tasks to close out the year will be to carefully review the status of all of your current projects; especially any Retainers or Payments on Proposals. We want to be sure all 2023 Income has been reported correctly on your Profit & Loss Statement for your CPA to file your tax return. These items will ultimately affect your tax liability so it is very important to take the time to review.

Our top five tips for staying in compliance with your sales tax.