Balanced Accounting LLC

Balanced Accounting LLC Balanced Accounting works with small business owners to keep their books balanced, allowing the owner to create more balance in their life.

"Life is like accounting, everything must be balanced." ~unknown Balanced Accounting provides full-service accounting for small businesses. Monthly service packages are customized to fit your business size and needs. We can also handle filing your business tax returns. While small business are our speciality, we also offer individual tax planning and preparation services.

The office will be closed April 28th and 29th for a wedding!! πŸ₯‚πŸ’™
04/27/2026

The office will be closed April 28th and 29th for a wedding!! πŸ₯‚πŸ’™

Filing an extension is step one! 1️⃣Step two is the one most people overlook...It's NOT acting like October is waaay in ...
04/24/2026

Filing an extension is step one! 1️⃣

Step two is the one most people overlook...

It's NOT acting like October is waaay in the future and hoping your return magically gets easier to file by then.

Your tax documents aren't going to gather themselves!

If you extended your return because you didn't have everything ready to file, here's what you need to do:

β†’ Make a list of all of your missing tax documents. If you need to follow up with someone to get these, start doing it now!

β†’ If you own a business and your bookkeeping was what held up your return, make a plan to get it caught up.

Do you need to sit down over a few weekends and get it done? Or do you need to bring in a bookkeeper? πŸ“š

Whatever you do, I'm begging you, pleaseeee don't wait until October to start worrying about your taxes again!

Here's a truth I've seen lots of small business owners learn the hard way:Having an LLC for personal liability protectio...
04/22/2026

Here's a truth I've seen lots of small business owners learn the hard way:

Having an LLC for personal liability protection only works when you respect the separation between your business and personal finances.

If you're running your business out of your personal checking account, you're blurring the lines between what counts for your business and what doesn't!

If your business doesn't appear to be operating as its own entity, a court *could* rule that your personal assets are up for grabs if your business gets sued. 😬

Having a separate business bank account (and keeping those personal expenses separate) doesn't just help keep your bookkeeping clean; it's a line of defense to protect YOU! 🫡

HONESTY HOUR: Small business owners, how often are you actually doing your bookkeeping? πŸ‘€In my opinion, you need to be d...
04/20/2026

HONESTY HOUR: Small business owners, how often are you actually doing your bookkeeping? πŸ‘€

In my opinion, you need to be doing your bookkeeping on a monthly basis (and that's the bare minimum).

The more often you're in your books, the easier it is to remember any details on a transaction or catch issues early. πŸ’°

But, for your business specifically, it's all going to come down to your transaction volume, whether you have payroll, sales tax, or inventory to track, and how up-to-date you need your financial reporting!

Doing your bookkeeping weekly, or even daily, could make the most sense. Regardless of how often you need to do it, having *me* do it is going to be easier every time. 😏

The office will close at noon on April 15th and be closed April 16th in observance of the tax holiday. This may be a hol...
04/14/2026

The office will close at noon on April 15th and be closed April 16th in observance of the tax holiday.

This may be a holiday only in the tax industry, but we take it very seriously. πŸ˜†

What people get wrong about IRS notices is that (most of the time), it's not an individual auditor finding a problem on ...
04/10/2026

What people get wrong about IRS notices is that (most of the time), it's not an individual auditor finding a problem on your return. πŸ•΅οΈ

It's the IRS's auto-matching system that flags discrepancies between what you filed and what other third parties reported!

It's specially designed to catch things like:

🚩 Forgetting to include income from a 1099

🚩 Fraudulently claiming tax credits (like the EITC)

🚩 Credits, deductions, or losses that are significantly different from those of other similar taxpayers

The best way to avoid getting an IRS notice is to file a complete + accurate tax return.

A little tip from a paid preparer. 😊
04/08/2026

A little tip from a paid preparer. 😊

So, you owe taxes this year... boo! ☹️The question now is, how do you actually pay your tax bill?A few of the most commo...
04/06/2026

So, you owe taxes this year... boo! ☹️

The question now is, how do you actually pay your tax bill?

A few of the most common ways are to pay via IRS Direct Pay, withdrawal from your bank account when you file your return, use EFTPS, mail a check or money order, wire, or pay via debit or credit card.

Keep in mind, if you owe taxes, the IRS considers your payment late if it's received after the original tax filing due date (even if you file an extension). πŸ“†

The Saver's Credit may be my favorite credit! πŸ’™If you're contributing to a 401(k), IRA, or other qualifying retirement a...
04/03/2026

The Saver's Credit may be my favorite credit! πŸ’™

If you're contributing to a 401(k), IRA, or other qualifying retirement account, you need to check if you qualify for the Retirement Savings Contribution Credit (the Saver's Credit for short). πŸ’Έ

Getting a credit for saving money for your retirement is a win-win!

Swipe to see if you might qualify.

No time for jokes today when tax season is looming!
04/01/2026

No time for jokes today when tax season is looming!

Duplicate accounts, inactive bank accounts, outdated bank rules... over the years, they all add up to creating a pretty ...
03/30/2026

Duplicate accounts, inactive bank accounts, outdated bank rules... over the years, they all add up to creating a pretty messy bookkeeping file. 😢

Treat your books to a little spring cleaning with my checklist on the next slide!

And if you're a small business who's more than a little behind (aka you haven't done any of your 2026 bookkeeping yet), it's time for us to talk about me taking your books off your plate for good!

If there's no way you'll get together all your 1099s, W-2s, and other tax docs by April, the IRS has a handy solution: f...
03/27/2026

If there's no way you'll get together all your 1099s, W-2s, and other tax docs by April, the IRS has a handy solution: filing an extension.

Three things you need to know?

First, filing a tax extension is NOT a bad thing. It actually helps you avoid late filing penalties!

Second, you don't need to give a reason to the IRS for why you extended. You automatically get your extension when you file Form 4868.

PRO TIP: E-file it so you have an electronic confirmation for your records. πŸ“§

And third, an extension only applies to your filing date. The due date to pay your taxes remains the same, so don't forget to make your payment. If you don't, you can rack up late payment penalties + interest.

Address

113 E Washington Street, Ste 2
Kirksville, MO
63501

Opening Hours

Monday 8:30am - 4:30am
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm

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