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1610 Financial Solutions

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Fort Worth, TX
1610 Financial Solutions

Pay yourself. Pay your taxes. Get your time back. Systems for faith-driven business owners. Based in Roanoke, Texas, we serve clients nationwide.

1610 Financial Solutions builds structured financial systems for business owners. We help clients gain clarity around cash flow, owner pay, tax reserves, and day-to-day financial decisions through a practical, done-for-you process. Start with a Financial Check-In.

10/27/2026

A smaller business-loan balance is not the same thing as a cash reserve.
I talked about a family salon that reached $2 million in annual sales, paid extra principal on a 4% loan, and then borrowed again to rebuild working capital. The owner said the extra payments had drained the cushion.
Then an A/C repair and pedicure-chair refurbishment put more pressure on the cash.
Before I would send an extra payment, I would want payroll, bills, likely repairs, and the cash left afterward in front of me.
Paying down debt can be good. Leaving a growing business without operating cash creates a different problem.
I unpack the owner's self-reported story in Episode 67. Listen to the Podcast: https://why-did-we-start-this.captivate.fm/listen

10/26/2026

"God's betting on you."
That is what came out of my mouth during Monday Mindset, and it was not the direction I had planned to go.
I have been finishing Job, a chapter at a time. What struck me was not just Job's faith in God. It was God's faith in Job.
As business owners, we talk about taking a risk and betting on ourselves. But we can slip into believing we are the only ones carrying this. We have to pull ourselves up by our bootstraps and somehow make it all work.
I needed the reminder that I can come into the presence of the One who knows me and called me.
I am not saying every risk is wise or that faith guarantees a business outcome. I am saying a bank balance cannot become my safe place. A big one does not automatically make me secure, and a small one does not mean I am alone.
If you are asking, "Am I crazy to want to do something different?" take that question into His presence.
You do not have to carry it all by yourself.

10/23/2026

QuickBooks told this business owner "All caught up!"

Green checkmarks everywhere.

One problem. QuickBooks said they had $1.7 million in the bank.

The bank said $186,000.

That's $1.5 million that only existed in QuickBooks.

If you do your own books, this one's for you.

Those green checks don't mean your books are right. They only mean your bank is connected and nothing is waiting to be categorized.

The number that matters is right under the checkmark. Your "Bank" balance and your "Posted" balance should match. To the penny.

If they don't, every report you're reading is wrong. Your profit. Your owner pay. Your tax estimate.

Go look at yours today. Do they match?

Note: The names, account numbers, and dollar amounts in the screenshot are fictional. They're based on a real client's books.

10/22/2026

I do not treat unbillable time as automatically wasted.

I look at what that time is doing. Travel, setup, restocking, training, supervision, and schedule gaps can all be part of delivering the work. The useful question is whether the time supports the service and whether the process can improve.

I would rather choose one meaningful measure for my industry and review it consistently than borrow a benchmark with no clear source or definition.

What is one kind of nonbillable time that is necessary in your business?

I explore this in Episode 63 of Why Did We Start This? with Penny and Jonathan.

10/17/2026

Penny's Not So Common Sense:

Ever thought personal spending from a business account is a business expense? 🤔

Let’s clear this up!

Just because you bought something with your business card doesn’t mean it’s a deductible expense. For example, if you buy a pair of underwear from Walmart using your business account, that doesn’t make it a business expense!

It’s frustrating, right? Many people think that as long as they use the business account, they can write off anything. But that’s not how it works.

You can’t just buy whatever you want and call it a deduction. It’s all about the purpose of the expense.

So, what’s your take on this? Have you ever been confused about what counts as a business expense? Let’s discuss!

10/16/2026

Money an owner puts into a business is not customer revenue. Money an owner takes out is not automatically an operating expense.
Owner contributions, draws, and distributions belong in the equity section, not mixed into ordinary income and expenses.
If owner activity is muddying the financial statements, clean separation is the first step toward seeing how the business is actually performing.

10/15/2026

Ever wondered what retained earnings really mean? 🤔

Let’s break it down!

Retained earnings are found in the equity section of your balance sheet. It’s the net income that rolls over into retained earnings at the start of the new year. So, if you look at your profit and loss statement, you’ll see your net income from January 1 to December 31. Then, at midnight on January 1, that net income adds up to your retained earnings.

This process continues every year, building your retained earnings over time.

But here’s the kicker: as a business owner, this might feel a bit abstract. Honestly, it’s more of a tax term than something you need to worry about daily.

What do you think? Does this help clarify things? Share your thoughts below!

10/15/2026

💡 Starting your journey as a solopreneur? Here’s a tech stack to consider!

If you're aiming for around $200,000 in revenue with a mental health therapy business, here's what I recommend:

- Use QuickBooks for your accounting, but keep an eye out for upcoming changes in the next year or two.
- Opt for a more affordable version of the software; you don’t need the pricier options just yet.
- Get a business credit card from day one with Bill.com to manage your expenses.
- For payroll, Gusto is a great choice for handling your S-Corp payroll.
- If your ERP doesn’t support client billing, check out Nickel. It’s super easy to set up for receiving payments and paying vendors—and it’s free!

We even have a podcast episode dedicated to Nickel, so be sure to check that out on our Software Saturdays!

What tools are you using in your business? Let’s share our favorites!

10/15/2026

Before paying an invoice with changed banking instructions:
1. Stop the payment.
2. Call a known vendor contact.
3. Use a phone number already in your records.
4. Require a second review for exceptions or large payments.
5. Confirm the sender's full email address.
A convincing email is not verification. Build the rule before the urgent request arrives.

10/13/2026

Payroll taxes withheld from an employee's check are not spare cash.

If an employee earns $1,000 and $150 is withheld for taxes, the business is responsible for reporting and sending that $150 on the employee's behalf.

One business owner was ordered to pay $973,727.04 after failing to remit withheld payroll taxes.

Use a qualified payroll provider, keep proof of the deposits, and reconcile the payroll reports to the payments. If cash is tight, ask for help before money owed to someone else becomes part of the operating budget.

Address

12909 Hurricane Lane
Fort Worth, TX
76244

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

https://www.1610consulting.com/book, http://1610consulting.com/

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