Reed Business Solutions

Reed Business Solutions Because Guessing Isn't a Business Strategy

New client spots just opened!If your bookkeeping has been pushed to the side or you are ready for consistent, reliable v...
05/12/2026

New client spots just opened!

If your bookkeeping has been pushed to the side or you are ready for consistent, reliable virtual assistant support, now is a great time to get started.

We help you stay organized, accurate, and confident in your numbers & day to day so you can focus on running your business.

Book your call using the link in our profile or comment "books" below and we will send you the details.



Which one best describes you?Comment below with A, B, or C.
05/11/2026

Which one best describes you?

Comment below with A, B, or C.



On National Small Business Day, we just want to take a moment to say how grateful we are.Supporting a small business mak...
05/10/2026

On National Small Business Day, we just want to take a moment to say how grateful we are.

Supporting a small business makes a bigger impact than you may realize, and we do not take that lightly.

We are proud to support other small businesses every day and to be part of your growth.

If you have enjoyed our content and our work, please share our page with other business owners.



Intuit is phasing out QuickBooks Desktop 2023, with support, security patches, and add on services like payroll and bank...
05/09/2026

Intuit is phasing out QuickBooks Desktop 2023, with support, security patches, and add on services like payroll and banking ending on May 31, 2026.

After this date, there will be no more updates, security patches, or technical support. While the software may still open, it will become increasingly outdated and vulnerable over time.

If you are unsure what this means for your business or need help with your transition to QuickBooks Online or another solution, we are here to help.

Send us a message or comment below.



Budgeting does not have to be complicated.Here are 3 simple ways to manage it better.1. Use bookkeeping software with bu...
05/08/2026

Budgeting does not have to be complicated.

Here are 3 simple ways to manage it better.

1. Use bookkeeping software with budget tracking.

Tools like QuickBooks Online or Xero allow you to create and monitor budgets alongside your actual numbers, so you can stay on track throughout the month.

2. Connect your bank accounts.

Sync your business bank and credit card accounts to automatically import transactions and keep everything up to date without extra manual work.

3. Set your budget limits inside your budget tracker.

Use the budgeting feature in your software to set monthly budgets by account, then run Budget vs Actual reports to compare your actual spending and catch any overages early.

Check in regularly to make sure you are staying within those limits and adjust as needed.

Have questions about budgeting for your business? Drop them below.



You do not need everything figured out. You just need to start.Tag a friend who needs this reminder or share this with s...
05/07/2026

You do not need everything figured out. You just need to start.

Tag a friend who needs this reminder or share this with someone who is ready to take that next step.



What tool or app do you use and love?Staying on top of your personal finances is just as important as managing your busi...
05/06/2026

What tool or app do you use and love?

Staying on top of your personal finances is just as important as managing your business!



Common triggers include underreporting income, claiming excessive or unusual deductions, using large rounded numbers tha...
05/05/2026

Common triggers include underreporting income, claiming excessive or unusual deductions, using large rounded numbers that suggest estimates, and failing to issue or file 1099s or W 2s.

Here are some commonly audited business types:

- Sole proprietorships with higher risk due to income reporting and deductions
- Cash intensive businesses where income may not be fully reported
- Construction and real estate with worker classification concerns
- Professional services (Doctors, Lawyers, Accountants) that claim significant deductions in travel and office expenses
- Businesses reporting ongoing losses
- Businesses claiming tax credits without proper documentation

How to protect your business:

- Organize and review your financial records
- Respond to the IRS promptly
- Work with a professional to handle the process correctly

Staying organized and accurate is the best way to reduce your audit risk and stay prepared.

Need help making sure your books are always accurate?

Send us a message or comment below and we’re happy to help.



When you regularly match your bank transactions with your bookkeeping records, you can quickly catch anything that does ...
05/04/2026

When you regularly match your bank transactions with your bookkeeping records, you can quickly catch anything that does not look right, such as:

- Unauthorized charges or withdrawals
- Unknown vendors or unfamiliar transaction names
- Unexpected changes in transaction amounts
- Missing transactions

It is one of the simplest ways to protect your business and keep your financials accurate.

Make sure to follow our page for practical bookkeeping, business, and financial tips.



I believe this is a reminder every business owner needs.Investing in your financial knowledge is not extra. It is essent...
05/03/2026

I believe this is a reminder every business owner needs.

Investing in your financial knowledge is not extra. It is essential.

Comment 💡 if you agree, or share a quote you love.



Stop using your personal account for business!Here are some business bank account options to consider:- Relay- Chase- No...
05/02/2026

Stop using your personal account for business!

Here are some business bank account options to consider:

- Relay
- Chase
- Novo
- Bluevine
- American Express

The right account can make managing your business so much easier.

If you use a business account not on this list, please share it below with others.



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Knoxville, TN

Telephone

+18653830718

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