Chapman Accounting Services

Chapman Accounting Services Full Charge Bookkeeping and Accounting services.

Full Charge Bookkeeping:
-Payables - Entered and processed.
-Receivables - Reported on and tracked to payment.
-Banking - Reconciliations and reports.
-Payroll Services - A QuickBooks service can be set up.
-Tax Preparation - W2 and 1099 production. Solid Financial Planning:
-Chart of Accounts Development and Management.
-Financial Reporting based on your business needs.
-Budget development and expense tracking.

Another thought for another day.
05/25/2019

Another thought for another day.

A thought for the day.
05/24/2019

A thought for the day.

09/22/2015

1. Invest in others. Great leaders make it their mission to help employees reach their potential, which means investing time, energy and resources to help employees grow. According to MSNBC, under the leadership of CEO Steve Ells, Chipotle Mexican Grill will offer paid vacation, sick leave and tuition reimbursement to all of its employees. Analysts are now predicting its profits to increase in the next year.

Make it a habit: No matter your budget or business size, you should always be educating your employees. In the next month, make it a point to offer one educational experience to every employee. It doesn’t have to be a fancy seminar that costs a fortune; it could simply be the latest and greatest instructional video or a subscription to a magazine that would be helpful for them. In three months, find a new educational bonus to offer them but keep the old one around if it’s still relevant.

Don’t feel overwhelmed by all of these steps. Remember they’re just that: Steps! Try adding a new one to your life every two weeks. Keep at it until that new step becomes a habit. Then move on to the next one on the list. As best-selling author Sean Covey says, “We become what we repeatedly do.”

09/22/2015

2. Make others feel heard. Great leaders know that their employees help provide the creativity and energy needed to grow a business. That’s why it’s important to listen to their ideas and concerns. Jim Sinegal, CEO of Costco, told Entrepreneur.com he literally moved his desk to the middle of a hallway so that anyone in the building could access him. His employees are free to discuss issues with him without having to jump through hoops to get a meeting. It’s no surprise that Costco has also enjoyed a 12% turnover rate for the last 3 decades.

Make it a habit: Pay attention to what you say when chatting with employees. Do you follow up their statements with a statement about yourself, or do you follow up with a question that encourages them to continue? Try to keep the conversation focused on the other person and make note of the important things they tell you. Casually follow up with them about it a few days after the conversation. This subtle bit of selfless conversation shows your employees that you are genuinely interested and value their input. Plus, it’ll help you stay abreast of the workplace happenings that otherwise might not reach your ears.

09/22/2015

3. Be Vulnerable. Own your mistakes. Great leaders know that sometimes plans don’t work out. When you encounter setbacks, you have to own them. Amazon CEO Jeff Bezos recently said in a Business Insider interview, “I’ve made billions of dollars of failures at Amazon” and then went on to list some of the company’s biggest flops (pets.com, anyone?).

Make it a habit: Everything is on you when you run a business. When something goes wrong, ask yourself, “How is this tied to my decision-making?” Even if it was an employee who made the mistake, you’re the one who hired and trained them – or hired the people who hired and trained them. When you own this level of responsibility, admitting you made a mistake isn’t a big deal because you’ve accepted that everything is your decision. This sounds overwhelming but it is actually quite empowering.

09/22/2015

4. Take decisive timely actions. Great leaders know that a decent plan executed today is better than an awesome plan executed after it’s too late. CEO of JetBlue airlines, David Neeleman had to act fast in attending to customers concerns when an ice storm forced the company to cancel over 1,000 flights in 2007. He promptly drafted a customer bill of rights and a public letter of apology. Then, he went on television and YouTube to explain his plan to compensate customers.

Today, JetBlue enjoys its 1st place ranking for customer service among airlines according to NY Daily News. Make it a habit: Being decisive doesn’t mean being reckless. Get as much information as possible and then make a pros and cons list for each of your options. Once you’ve weighed each decision, imagine your life 5, 10 and 30 years down the road if you’d made each decision. Then act decisively.

09/22/2015

5. Plan. Great leaders don’t just have big ideas; they make big ideas a reality with careful planning. Serial entrepreneur Elon Musk always appears fifty steps ahead of the industry. After selling PayPal, he now uses his fortune to finance his space exploration company SpaceX and his electric luxury car company Tesla Motors. Musk didn’t just decide on a whim to start a space exploration company. He had a plan in place and selling PayPal was the first step.

Make it a habit: Clearly define your goal and make it measurable. Don’t just plan for a successful business, be specific. Define what success will look like. Then ask yourself every night before bed “if I spend every day like this, will I reach my goal?” If the answer is no, make the necessary adjustments.

09/22/2015

6. Think on it. Great leaders think things through. Advocates for World Health founder Ryan Kania takes a weekly hike by himself, carrying along his journal. This gives him the chance to disengage from and then reassess the problems that his business is facing.

Make it a habit: Carve out time to think deeply each day. The next time something stresses you out – write it down. Write down what the problem is, how it makes you feel, what is going to happen if the problem continues and what you can do about it. Then step away from that problem for a few hours. Come back to it and reread what you wrote. This exercise helps you see the issue for what it really is, instead of through the lens of a problem.

09/22/2015

7. Create routines. Great leaders know that routines help eliminate unnecessary distractions and decisions. Take Facebook creator Mark Zuckerberg, for example. He simplified the decision of “what to wear” by sporting the daily uniform of jeans and a hoodie. Your workday should save time and money by managing the right way, have routines that increase efficiency and cut out trivial decisions.

Make it a habit: In addition to standardizing your uniform, there are many things you can do to help automate your day. For example, check your email only three times a day: in the morning, lunch and an hour before leaving. Other than that, keep your inbox closed. You’ll be surprised at how much time you save. “What if someone has an emergency?” you ask. Well, if it’s a real emergency, they’ll call you.

ORGANIZING MONDAY TIPS:The IRS needs to know exactly who's filing and who is covered in your tax return. To do this, you...
11/26/2012

ORGANIZING MONDAY TIPS:
The IRS needs to know exactly who's filing and who is covered in your tax return. To do this, you will need Social Security numbers and dates of birth for you, your spouse, and your dependents:
Information about your income:

Income from jobs: forms W-2 for you and your spouse
Investment income - various forms 1099 (-INT, -DIV, -B, etc.), K-1s, stock option information
Income from state and local income tax refunds and/or unemployment: forms 1099-G
Alimony received
Business or farming income - profit/loss statement, capital equipment information
If you use your home for business - home size, office size, home expenses, office expenses.
IRA/pension distributions - forms 1099-R, 8606
Rental property income/expense - profit/Loss statement, rental property suspended loss information
Social Security benefits - forms SSA-1099
Income from sales of property - original cost and cost of improvements, escrow closing statement, cancelled debt information (form 1099-C)
Prior year installment sale information - forms 6252, principal and Interest collected during the year, SSN and address of payer
Other miscellaneous income - jury duty, gambling winnings, Medical Savings Account (MSA), scholarships, etc.

More tips coming your way so stay tuned. Give us a call or email us we are here to help
[email protected]

ORGANIZING MONDAY TIPS:Time passes by really quickly, and before you know it, Tax Day will be upon you. Don't let it cre...
10/29/2012

ORGANIZING MONDAY TIPS:
Time passes by really quickly, and before you know it, Tax Day will be upon you. Don't let it creep up and surprise you — try to set aside some time now to get started on your taxes. Remember, the later date doesn't mean more leeway to procrastinate!

Just to make sure you won't feel enormously rushed when April comes around, set a date and mark your calendar to make some time for your taxes this month or the next. Don't let the April panic get the best of you — the early bird gets the worm!
Remember these tax saver tips:
Being more efficient here are the basic strategy for tax planning can be summed up in the following two statements. Find ways to reduce the impact of your income. Maximize your deductions and credits. You can start by setting up a filing system for taxes that works for you. It can be as simple as a series of envelopes or folders to hold tax information. Or, if you prefer, a computerized program can easily keep track of expenses. What to keep track of varies from person to person, so a look at your last tax return will help you identify the tax matters that pertain to you. Make a folder or set up a computerized account for tax deductions using the tax return as a guide. You’ll be amazed at how easy tax preparation will be with your own personalized recordkeeping system. Email us here at ChapmanAccounting.com to set up your tax appointment early.

Have you been reconciling your bank statements monthly? Well the month is ending and we are entering our last 2 month's ...
10/26/2012

Have you been reconciling your bank statements monthly? Well the month is ending and we are entering our last 2 month's of this year and chances are your organization and your attempt at becoming a part-time bookkeeper has you pulling your hair out. You might need to find an bookkeeper who specializes in small business. We can do your bookkeeping or simply get you organized. We are trustworthy professionals that can help you keep the pulse of your business going while you spend time building revenue rather than wrestling with your bookkeeping.
Contact us here at Chapman Accounting Services we are here to help. [email protected]

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Costa Mesa, CA

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