Check out our free e-book to learn why you should hire a remote bookkeeper! https://lnkd.in/e5ksVGva
Stephens Bookkeeping LLC
Accounting
Berwick, ME 71 followers
Let me help you so you can get back to doing what you do best!
About us
Are you a small business owner, facing the daunting challenge of running your business and trying to save money where you can? You do that by running every aspect of your business, finance, marketing and operations. Are you tired of spending all your nights and weekends sorting the books ,but don’t yet need a full time on staff bookkeeper or accounting department? That’s where we come in to lift that heavy burden. Hiring a remote bookkeeper can take that pressure off of you and let you focus on what only you can do. We offer monthly bookkeeping packages as well as clean ups and start ups. Whether you want just monthly reconciliations, or a full charge bookkeeper with A.P, A.R, and Payroll, we have a package for you. Companies that work with remote bookkeepers can save tens of thousands of dollars a year. The ability to make clear and informed financial decisions, saving the expense of a full time in house accounting employee, and savings thousands on tax preparation by cutting your CPA’s work down significantly. Let’s work together to make a plan to save your company time and money. Ask today for a free consultation.
- Website
-
www.stephensbookkeepingllc.net
External link for Stephens Bookkeeping LLC
- Industry
- Accounting
- Company size
- 1 employee
- Headquarters
- Berwick, ME
- Type
- Self-Owned
- Specialties
- bookkeeping, Quickbooks Proadvisor, and Quickbooks Online
Locations
-
Primary
Get directions
Berwick, ME 03901, US
-
Get directions
remote, US
Employees at Stephens Bookkeeping LLC
Updates
-
📊 Attention Business Owners! 📊 As we approach 2024, it's time to bid farewell to financial stresses that may have burdened your business in previous years. 🚀 Are you ready to make 2024 your most financially sound year yet? Take the first step toward financial peace of mind by completing our short survey. 📈 Our personalized bookkeeping proposal is designed to cater to the unique needs of YOUR business, ensuring a seamless and stress-free financial journey. https://lnkd.in/e-zyFKCU 🚀 Why take the survey? Tailored Solutions: We understand that every business is unique. Our proposal is crafted specifically for your company's financial requirements. Efficiency is Key: Say goodbye to last-minute financial headaches. Our streamlined bookkeeping solutions are geared towards efficiency, allowing you to focus on what you do best – growing your business. Proactive Planning: Don't let financial uncertainties dictate your business's future. Our proposal includes proactive strategies to anticipate and mitigate potential challenges. Maximize Profitability: Discover opportunities to boost your bottom line. Our comprehensive approach identifies areas for improvement, helping you maximize profitability. Compliance Assurance: Rest easy knowing that your financial practices align with regulations. https://lnkd.in/e-zyFKCU
-
Hey there, I hope this email finds you well. I wanted to reach out and talk to you about the importance of keeping accurate records for your business. As a business owner, you know how important it is to keep track of your finances. Accurate record-keeping allows you to make informed decisions, track your progress, and identify areas for improvement. It can also help you save time and money by streamlining your financial processes. But the benefits of accurate record-keeping go beyond just organization. Good bookkeeping practices can also help your business grow. By keeping track of your financial data, you can identify trends and patterns that can inform your business strategy. You can also use your financial records to create budget projections and forecast future growth. Good bookkeeping can also help you stay on top of your finances and avoid financial pitfalls. By regularly reviewing your financial records, you can identify and address any issues before they become major problems. In short, accurate record-keeping is an essential part of running a successful business. By investing in good bookkeeping practices, you can save time, money, and resources, and set your business up for long-term growth. I hope these points are helpful, and I look forward to hearing your thoughts on this topic.
-
-
As a small business owner, it's important to understand your tax responsibilities in order to avoid any surprises at year end. Here's what you need to know about taxes: Tax types: There are several types of taxes that small business owners may be responsible for paying, including income tax, self-employment tax, and sales tax. It's important to understand which taxes apply to your business and to budget accordingly. Tax deductions and credits: As a small business owner, you may be eligible for various tax deductions and credits that can reduce your tax liability. These may include deductions for business expenses such as rent, supplies, and employee salaries, as well as credits for things like hiring employees or investing in energy-efficient equipment. Filing deadlines: It's important to be aware of the various tax filing deadlines that apply to your business. For example, you'll need to file a yearly tax return by a certain date, and you may also be required to file quarterly estimated tax payments if you expect to owe more than a certain amount in taxes for the year. Payment options: There are several options for paying your taxes, including electronic payments, check, and money order. It's important to choose the payment method that works best for your business and to make sure your payments are received by the deadline. By understanding your tax responsibilities and taking advantage of any available deductions and credits, you can help ensure that you're paying the right amount of taxes throughout the year and avoid any surprises at tax time. If you have any questions or need further guidance, don't hesitate to reach out.
-
-
🔒 Locking down your business: Internal controls & policies Internal controls and policies are important for protecting your business from fraud and misuse of company funds, as well as ensuring compliance with various laws and regulations. Here are some key considerations for setting up internal controls and policies: Segregation of duties: It's important to divide up financial responsibilities within your organization to reduce the risk of fraud. This may include separating the duties of individuals who handle cash, such as separating the tasks of receiving and depositing cash, or separating the duties of preparing and reviewing financial statements. Personnel policies and procedures: Clearly defined personnel policies and procedures can help prevent fraud and ensure compliance with laws and regulations. This may include policies on hiring and background checks, as well as procedures for handling sensitive financial information and reporting suspected fraud. Compliance with laws and regulations: Your business may be subject to various laws and regulations, such as the Sarbanes-Oxley Act, which requires public companies to have internal controls in place to prevent financial fraud. It's important to understand which laws and regulations apply to your business and to implement the necessary controls and policies to ensure compliance. By setting up internal controls and policies, you can protect your business from fraud and misuse of company funds, and ensure that you're in compliance with relevant laws and regulations. If you have any questions or need further guidance, don't hesitate to reach out.
-
-
As a business owner, it's important to have a solid understanding of the different types of assets and liabilities in your business. Here's a breakdown of some common terms: Assets: Assets are resources that your business owns or controls, and they can be either current or fixed. Current assets, such as cash and inventory, can be converted into cash within a year. Fixed assets, such as equipment and property, are expected to be used for more than a year. Liabilities: Liabilities are obligations that your business owes to others, and they can be either current or long-term. Current liabilities, such as accounts payable and short-term loans, are expected to be paid within a year. Long-term liabilities, such as mortgages and long-term loans, are expected to be paid over a longer period of time. Equity: Equity represents the ownership interest in your business. It can come from various sources, such as investments by the owners or profits retained in the business. Debt financing: Debt financing involves borrowing money from lenders, such as banks or investors, and repaying it over time with interest. By understanding the different types of assets and liabilities in your business, you can get a better idea of where your money is going and make informed financial decisions. If you have any questions or need further guidance, don't hesitate to reach out.
-
-
🚨 Action required: Understanding the most important IRS tax regulations for businesses Hi there! We hope this email finds you well. As a responsible business owner, it is crucial that you stay up-to-date on the most important IRS tax regulations. Action is required: it is essential that you understand and comply with these regulations in order to avoid potential penalties and fines. To help you stay informed, we have compiled a list of the top IRS tax regulations that you should be aware of as a business owner: Proper record-keeping: It is important to keep accurate and thorough records of all financial transactions, including income, expenses, and tax payments. Tax classification: Determine whether you should classify your business as a sole proprietorship, partnership, corporation, or LLC. This will determine how your business is taxed and what forms you need to file. Employer responsibilities: If you have employees, you are required to withhold and pay employment taxes, including Social Security and Medicare taxes. You must also provide each employee with a W-2 form at the end of the year. Self-employment tax: If you are self-employed, you are responsible for paying self-employment tax on your net income. This includes Social Security and Medicare taxes. Sales tax: If you sell physical products or certain types of services, you may be required to collect and pay sales tax to the IRS. By understanding and following these important IRS tax regulations, you can ensure that your business stays compliant and avoids any potential penalties or fines. If you have any questions or need further guidance, don't hesitate to reach out to a tax professional for assistance.
-