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...
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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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Apr 15, 20232 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In today’s day and age the concept of keeping receipts seems outdated to most people.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 2, 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...
Mar 16, 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....
Feb 15, 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 2, 20234 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...
Jan 17, 20233 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 2, 20236 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,...
Nov 1, 20223 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...
Aug 25, 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 11, 20227 min read
Go-to Guide for Small Business Loans & Funding
If you are starting a new business or in growth mode, you may be considering small business loan and funding options. Or perhaps you need...
Jul 13, 20225 min read
Summer 2022 Tax News & Updates from the IRS Newsroom
As we enter the second half of 2022 full speed ahead, both individuals and businesses should be aware of key IRS news as they keep their...
Jun 8, 20225 min read
Everything You Need to Know About Financial Audits + 5 Steps to Prepare
Have you just been informed that you need to perform a financial audit? If so, you likely had or are planning to have a significant...
Apr 25, 20223 min read
4 Essential Reasons Your Small Business Needs an Up-to-Date Balance Sheet
Your small business may be bringing in revenue. Perhaps sales and assets numbers are favorable. But have you reviewed them against your...
Apr 6, 20223 min read
What is a Profit and Loss Statement? + 3 Vital Insights it Provides
From solo and small business owners to large corporations, the profit and loss statement is one of the most critical financial reports to...
Mar 18, 20223 min read
Accounting Ethics: What Business Owners Must Look For When Facing an Audit
It truly takes a village when it comes to your accounting and finances. That’s why it’s crucial for business owners who outsource their...
Mar 2, 20225 min read
Small Business Accounting Methods: Cash Basis vs. Accrual Accounting
Are you a new business owner? Or is your business quickly growing and your accounting and operations needs changing? Either way, you will...
Feb 16, 20226 min read
4 Debt Management Steps Small Business Owners Must Know
When you run your own business, debt is a part of life. You typically need some debt to get your business up and running, and you’ll...
Feb 2, 20225 min read
4 Unfortunately Common Causes of Business Bankruptcy You Can Control
Everyone is optimistic when they start their own business. After all, you have a new exciting endeavor ahead of you–what’s not to...
Jan 17, 20224 min read
5 Ways to Prevent Personal Financial Fraud
From identity theft to investment fraud, financial fraud comes in many forms. While on the one hand, advancing technology means...
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