Back Office Solutions Simplified, LLC

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United States
Gilford, NH
Back Office Solutions Simplified, LLC

Financial Professional who specializes in Bookkeeping Services and QuickBooks Training

Financial professionals with experience in bookkeeping, cash flow management, payroll and Human Resources. We specialize in helping business owners streamline financial processes while reducing expenses. The system we have created saves owners valuable time and money so they can focus on running their business. Feel free to contact us and we can determine how our services will benefit your business!

05/05/2025

Bookkeeping at 30,000ft 📊✈️

01/08/2025

What’s a W9? A 1099-NEC? A 1099-MISC? A 1096? Should I be filing these forms? 🤷🏼‍♀️

✅ The W9 form - Request for Taxpayer Identification Number and Certification - is an IRS form, but not one you send to the IRS!

This is a form you will use to collect tax payer information from freelancers, consultants, contractors, and other self-employed individuals who perform work for your company without being an employee.

Simply Google “2025 W-9” and the IRS form should pop up. If you have not collected these yet, send them to your contractors so you have them back by the end of January. I encourage my clients to collect this form before the first payment is made to a contractor but don’t stress if you need to play catch up- you’re not alone!

✅ 1099-NEC- This is a Nonemployment compensation form you will produce in January reporting the income paid to your subcontractors. I recommend using a software like QuickBooks that makes this process super easy but it can be done manually as well. Each contractor you paid more then $600 to is required to receive a 1099-NEC from your company.

✅ 1099-MISC is used to report rents, royalties, prizes and awards, and other fixed determinable income.

✅ A 1096 is simply the summary report that is prepared for the IRS totaling all the income you reported on 1099’s.

Reach out if you need help with these forms!

12/30/2024

FinCEN to change BOI filing requirements back to voluntary 🇺🇸

12/17/2024

Having a handle on your finances and tax planning before 12/31 is crucial to your business!

12/05/2024

Hahaha

10/31/2024

QuickBooks Connect 2024 in Las Vegas was amazing!! I am excited to bring some new features to your business! ✅

Ps. Travel expenses for business related activities such as a conference can absolutely be deducted!! ✅

10/24/2024

Have a home office? Take the Tax Advantage! 🙌🏻💰

Many times when I talk to clients they are afraid to take a home office deduction, they are worried it will flag an audit. This is not typically the case! 🏠

Generally speaking, to qualify for the home office deduction you must be able to show:

Exclusive and regular use: You must use a portion of your home exclusively and regularly for your business.

Principal place of business: Your home office must be either the principal location of that business, or a place where you regularly meet with customers or clients.

Exceptions: Some exceptions to these rules, such as for daycare and storage facilities...

Common write offs -

✅ Direct Expenses - Such as painting your office or a direct phone line

✅ Indirect expenses -
Because part of your home qualifies as business property, part of the costs of running it can be converted from non-deductible personal expenses to business write-offs.

If your office space takes up 20% of the house, you can deduct 20% of your:

✅ Bills for utilities
✅ Homeowners insurance
✅ Homeowners association fees
✅ Security
✅ General repairs and maintenance

I always suggest you talk to your accountant but this should help you plan!

10/13/2024

✅ Start the Business
✅ Invest in Assets
✅ Create Generational Wealth

10/06/2024

What’s a W9? A 1099-NEC? A 1099-MISC? A 1096? Should I be filing these forms? 🤷🏼‍♀️

I get this question all the time from Small Business Owners and Entrepreneurs so not to worry if you wonder about this too!

✅ The W9 form - Request for Taxpayer Identification Number and Certification - is an IRS form, but not one you send to the IRS!

This is a form you will use to collect tax payer information from freelancers, consultants, contractors, and other self-employed individuals who perform work for your company without being an employee.

Simply Google “2024 W-9” and the IRS form should pop up. If you have not collected these yet, send them to your contractors so you have them back by the end of January. I encourage my clients to collect this form before the first payment is made to a contractor but don’t stress if you need to play catch up- you’re not alone!

✅ 1099-NEC- This is a Nonemployment compensation form you will produce in January reporting the income paid to your subcontractors. I recommend using a software like QuickBooks that makes this process super easy but it can be done manually as well. Each contractor you paid more then $600 to is required to receive a 1099-NEC from your company.

✅ 1099-MISC is used to report rents, royalties, prizes and awards, and other fixed determinable income.

✅ A 1096 is simply the summary report that is prepared for the IRS totaling all the income you reported on 1099’s.

Hope this helps!

09/26/2024

Travel write offs! ✅

Yes you can deduct your travel expenses! Must have a business purpose- Conference? Expo? Client visit? Vendor appointment?

I recently attended a conference in FL and will deduct my weekend!

Flights ✅
Resort ✅
Conference Tickets ✅
Meals ✅
Rental Car ✅

08/12/2024

❤️📈📊

Address

Gilford, NH
03249

Website

http://www.brianalogan.com/

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