August 19, 2020
Charles Lutwidge
A Step-By-Step Guide to Starting Your Own Bookkeeping Business.
So you’ve been working as a bookkeeper or maybe a tax consultant or similar, but you are feeling the job getting to you. Maybe it’s the hours, or the management style of your superiors or even the outdated, cumbersome software...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
July 07, 2020
Charles Lutwidge
Bookkeeping 101
Bookkeeping – a word that inspires dread in many business owners. Keeping track of a company’s finances can seem overwhelming. But the good news is that it doesn’t have to be this way. Once managers learn the basic terms and...
May 20, 2020
Charles Lutwidge
How to Fill Out Form W-4 2020
Taxes are what every American citizen has to pay. It is what the government uses to take care of the country, your roads, your buildings, your police, etc. It is the single largest expense in a person’s lifetime. You will...
April 24, 2020
Charles Lutwidge
Coronavirus Aid, Relief, and Economic Security (CARES) Act promises to help small businesses
Here are relief options of CARES Act (S. 3548) that businesses can apply for right now. With the global pandemic wreaking havoc on the economy, few businesses are unaffected or will remain so. And as is generally the case in...
April 24, 2020
Charles Lutwidge
CARES Act: Guide for Small Businesses
There are a few programs that small businesses can apply for that were authorized by the CARES Act. In most cases, a business can apply for more than one. Below are the steps for some of the main programs. You...
April 10, 2020
Charles Lutwidge
Pandemic Relief Loans
Pandemic Relief Loans: A Quick Overview What’s going on? In response to the pandemic, the government is providing many types of financial assistance, including low-interest loans for businesses and non-profits. What are my loan options? The two main relevant options...
April 03, 2020
Charles Lutwidge
Foreign Currency Translation
To begin with, we would like to tell you why firms translate. First, it facilitates the preparation of consolidated financial statements that allow users to see the performance of a multinational company’s total operations, both domestic and foreign. Foreign currency...
April 02, 2020
Charles Lutwidge
Why should you pay attention to the retained earnings line on the balance sheet?
How do you get a snapshot of your business’s financial data at any given point in time? Your balance sheet. It details your assets, liabilities and the value of your shareholders’ equity. It shows the overall financial health of your...
