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Stay informed and expand your knowledge of Accounting, Bookkeeping, Payroll, QuickBooks and more! Our bi-monthly blog will share all the knowledge you need to help be a better informed business owner.
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December: A Crucial Time to Look Over Your Small Business's Profit & Loss Statement.
In the fast-paced world of entrepreneurship, December isn't just a time for festive decorations and holiday cheer; it's also a critical...
Dec 2, 20232 min read
What is Job Costing/Project-Based Accounting?
Job costing, or project-based accounting, is consists of tracking costs and revenue for each individual project. Job costing looks at...
Nov 1, 20233 min read
Why NOW is the time to switch to QuickBooks Online.
You may have heard that QuickBooks Desktop software was discontinued after May 31, 2023. This is true and also means you won't receive...
Oct 2, 20232 min read
10 Reasons why EARLY Tax Prep is Crucial for Businesses
If you’re one of the millions of Americans who wait until the last two weeks before the tax deadline to file your return, we get it....
Sep 1, 20233 min read
10 Reasons Why Your Small Business Needs to Hire a Tax Professional
We know what you’re thinking, taxes… in August??? Yes. Although it’s not a topic most want to think about during the summer months, NOW...
Aug 1, 20232 min read
What should be evaluated to know if a company is financially healthy?
In our last blog we discussed how Check & Balance Business Solutions provides Business and Financial Health Consultations. Here we will...
Jul 17, 20232 min read
What is a Business and Financial Health Consultation with CBBS?
Knowing how to look after a company's financial health is critical to the success of a business. It's a way of measuring a company's...
Jul 10, 20231 min read
Controller v. CFO.. What’s the Difference?
Let’s face it; when you started your small business your first thought was not to dive into the jargon of the accounting world. As your...
Jun 15, 20232 min read
What Exactly are Controller & CFO Services?
Are you finding that your needs and processes are growing more quickly than you can manage? Outsourced managerial accounting is a great...
Jun 15, 20231 min read
Ten Reasons to Outsource your Bookkeeping
The benefits of outsourcing your accounting and bookkeeping tasks go beyond the cost and time savings. Outsourcing your accounting gives...
May 16, 20233 min read
Why is Full -Service Bookkeeping Beneficial?
Full-Service Bookkeeping gives you an accurate picture of your financial position and performance. With accounting and bookkeeping, you...
May 9, 20231 min read
Importance of Keeping Receipts for Your Small Business
In today’s day and age the concept of keeping receipts seems outdated to most people. However, if you are a business owner this concept...
Apr 15, 20232 min read
What is Job Costing and Work-in-Process Accounting?
Did you know that Check & Balance Solutions specializes in construction based business finances? Although we do offer services to all...
Apr 2, 20232 min read
Why You Should Always Prioritize Cash Flow strategies in your business planning.
A cash flow forecast is a vital tool for any small business, it can tell you if you'll have enough cash to run the business or expand it....
Mar 16, 20232 min read
3 Things Your Tax Preparer Wants you to Know for a Smooth Return:
Owning a small business comes with many challenges you don’t necessarily have experience in, having a good relationship with whichever...
Feb 15, 20232 min read
Year-end Tax Planning Strategies for 2022
US tax policy changes remain top of mind for many business owners in 2022. Considerable tax changes for businesses in recent years have...
Feb 2, 20234 min read
3 Things You May Be Doing That Secretly Drive Your Accountant Crazy
Let’s face it, most small business owners did not start their passion project with accounting experience, if any. When outsourcing your...
Jan 17, 20233 min read
6 Ways to Maximize your 2022 Tax Refund
As tax season approaches, many are hopeful for a tax refund—or at least, a lower tax bill. There is a lot for taxpayers to keep up with,...
Jan 2, 20236 min read
Tax Season 2022: What You Need to Know
With the IRS discussing changes for the 2023 tax season, confusion has arisen about where small business owners stand in their tax...
Nov 1, 20223 min read
What is Double-Entry Bookkeeping? The Foundation of Accounting
Double-entry bookkeeping is a method of recording financial transactions used in Europe since the Renaissance. Developed by a Franciscan...
Aug 25, 20223 min read
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