Libratum Bookkeeping, LLC

02/25/2021

Let's get those annual reports filed. It takes about 5 minutes. Please don't pay someone to do this.
Login here: https://www.concord-sots.ct.gov/CONCORD/customer
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Information about gaining access to our system The various filings associated with the system and other frequently asked questions can be answered using the links below

01/07/2021

Is there a donation app on your church’s website? Should you use it?Have you ever seen someone arrive at church and pull out their checkbook? Maybe it was you!

01/01/2021

Employers will be able to deduct 100% of their business meal expenses that are incurred in 2021 and 2022, rather than the standard 50%. ESsentials: The provision is limited to “food or beverages provided by a restaurant,” consistent with the policy objective behind this provision of assisting the restaurant industry

12/26/2020

This breaks my heart. Please check on your money.

A small business owner in Chicago lost his life savings after thieves stole thousands from his Chase bank account for several months. Edward Swanigan,

12/17/2020

Leasehold Improvements, What Are They?

https://libratumbookkeeping.com/blog/leasehold-improvements

What are leasehold improvements and how do we record them? You should capitalize improvements to the space that you rent.

12/02/2020

Estimates Nice and Easy

https://libratumbookkeeping.com/blog/estimates-nice-and-easy/

Estimates nice and easy? Is that possible?

11/18/2020

How do you record the sale of an asset?

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How do you record the sale of an asset in your bookkeeping software?Did you sell your truck for a profit? Dispose of equipment at a loss? Do you know how to record that in your bookkeeping software?

10/06/2020

Business owner, do you know how to make your profit and loss easy to read?
https://libratumbookkeeping.com/blog/profit-and-loss/

10/01/2020

https://libratumbookkeeping.com/blog/profit-and-loss/

Your profit and loss should be set up for you. The list should be understandable and organized so that you can understand it easily.

09/29/2020

Business Owners, Are You Drowning in Sunk Costs? LibratumBookkeeping.com