Administrative Solutions

Administrative Solutions Administrative Solutions Personal, financial and administrative contract work stressing organization, responsibility and confidentiality.

Over 50 years of combined financial and administrative experience in the fields of healthcare, manufacturing, government, non-profit and home office.

02/19/2020

Take the hassle out of tracking your own business expenses and hire a bookkeeper. When it is time to file your taxes with the IRS you will be glad that you did.

11/13/2018

If your accountant also does your bookkeeping, you may be paying more than you should for this service, as you pay more per hour for an accountant than a bookkeeper.

10/17/2018

Entering the last Quarter of 2018. Have you been keeping up with your bookkeeping. If not, now is the time to consider outsourcing your financial record keeping before thoughts of 'I won't be ready to file my tax return' panic sets in during the first quarter of 2019.

09/20/2018

Documentation - Keep Good Records

Unfortunately, many taxpayers forgo worthwhile tax credits and deductions because they have neglected to keep proper receipts or records. Keeping adequate records is required by the IRS for employee business expenses, deductible travel and entertainment expenses, and charitable gifts and travel, and more.

But don't do it just because the IRS says so. Neglecting to track these deductions can lead to overlooking them as well. You also need to maintain records regarding your income. If you receive a large tax-free amount, such as a gift or inheritance, make certain to document the item so that the IRS does not later claim that you had unreported income.

05/27/2018

I get it you want to give all aspects of your business the same focus and attention to detail that you give to your core product/service - even when it comes to keeping track of your revenue & expenses.
There is not enough time in the day or the work week to put that kind of effort into every single thing.
Give up that drive for ultra-perfection because it prevents you from getting things done. While you fixate on the details of keeping your financials in order you miss opportunities to improve if not market your product/service.
Don't let keeping your own books become a lesson in something that if you had to do it all over over again you wouldn't.

05/14/2018

Let a bookkeeper help you generate accurate financial statements prior to listing your business for sale.
The importance of preparing your business financials before listing your business for sale cannot be overstated. Whether you use a business broker or word of mouth, rest assured that potential buyers will scrutinize every aspect of your business. Not being able to quickly produce financial statements, current, and prior years' balance sheets, profit and loss statements, tax returns, equipment lists, product inventories, and property appraisals and lease agreements may lead to loss of the sale.

04/12/2018

April 15th is almost here! Aren't you glad you hired a bookkeeper to collect the data you need to fill in those little boxes on your Federal Tax Return. If you did not better luck next year having a more relaxed week before the filing deadline.

02/26/2018

Would you like to see all your financial information—checkbook balance, savings account balance, credit card balances, outstanding loans, investment accounts on one page, which is easily updated?
Would you like to keep track of where your money goes for easy income tax filing?
Would you like to have a monthly budget so you don't suddenly find yourself out-of-money before you are out-of-month?
Are you thinking of starting your own business or Internet business but you don't know how to keep your books?
Keep your customer information updated?
Track your expenses and contract labor?
Let a bookkeeper make life easier for you by accepting some
of these duties. You deserve to have more free time.

02/09/2018

January has ended and you have sent out all of your 1099's and W-2's to your employees right? If not maybe engaging some bookkeeping service could have lessened some of the panic you may be feeling right about now.
Think ahead to next year and begin your search for a reliable bookkeeper.

10/16/2017

The 3rd Quarter ended and you are still trying to balance your financial statements so that you can see how your business did compared to the 1st & 2nd quarters. Wouldn't it have been nice not to have to stress over doing that because you hired a bookkeeper to ensure that your financial reporting is more timely.

08/09/2017

For the cost of a fancy coffee drink per day you can hire a bookkeeper to feed your your CPA's ravenous appetite for income and expense figures. If you pay your CPA to do bookkeeping you are probably paying them at an hourly rate that is at least 5 to 10 times more (most CPAs charge that much because they really don't want to do bookkeeping thus charging a much higher rate).
So why overpay for that cup a joe!

07/19/2017

Bookkeepers can make your life simpler and easier. If keeping good financial records is not your strong suit then why stress yourself out? Hire a professional and begin to de-stress your business life.

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Dallas, TX

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