Darren Keegan

Understanding the benefits: Should I choose S-Corp or LLC?

Introduction Choosing the right legal structure for your business is a crucial decision that can have significant implications for taxation, liability, and overall operational flexibility. Two popular options for small businesses in the United States are the Limited Liability Company (LLC) and the S-Corporation (S-Corp). While both offer limited liability protection and flexibility, there are […]

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Seattle Retail Business Owner in Store

Bookkeeping Tips for Thriving in Seattle’s Competitive Retail Market

If you are a retailer in Seattle’s competitive market you are likely looking to stay ahead of the game and thrive amidst tough competition. One key aspect that can make or break your success is bookkeeping. While it may not be the most glamorous part of running a retail business, proper bookkeeping is essential for

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Business owner working with accountant to understand financial reporting.

Bookkeeping & Accounting: What is the difference and why does it matter?

If your business is growing and you are looking to hire or outsource financial tasks, you’ve probably come across the terms “bookkeeping” and “accounting” many times. While these two terms are often used interchangeably, they actually represent very distinct roles in the financial management process. In this blog post, we’ll delve into the differences between

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general contractor working with his crew

Bookkeeping for Construction-Industry Businesses

Bookkeeping is often the first service construction-industry entrepreneurs look to outsource when they begin to scale, and for good reason. This service is a cornerstone of every business, but the intricacies of bookkeeping for construction businesses are well worth the cost of outsourcing to professionals. Why bookkeeping is typically the first service growing construction businesses look

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Contractor Smiling on Work Site

Why Your Contracting Business Needs an Outsourced Bookkeeper

Are you a general contractor or small business owner in the construction industry? If so, then you know how detrimental disorganized finances can be to your business. As with most necessary parts of running your business, bookkeeping can be a time-consuming and tedious task; more importantly, if it’s not done right, it can lead to

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Man handing over cash

How to Account for Customer Reimbursements in QuickBooks Online

There are a few methods to account for reimbursements from customers in QuickBooks Online. Here is our primary method for accounting for customer reimbursements. If you are using QuickBooks Online, you can follow these steps: By following these steps, you will account for the reimbursement from the client in QuickBooks Online by categorizing it under

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