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ASC Bookkeeping Services

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United States
Snellville, GA
ASC Bookkeeping Services

Virtual Tax and Bookkeeping Services serving individuals and businesses nationwide

09/07/2022

Top Bookkeeping Tips For Small Businesses

Choose the right accounting and Bookkeeping Software
Keep Business and Personal Banking Separate
Understand Your Tax Obligations
Learn the Most Valuable Bookkeeping Reports

Never take your eyes off the cash flow because it’s the lifeblood of business.

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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09/05/2022

Tracking your expenses could help you save money at tax time. But it's essential that you keep receipts and documentation to back up each expense and justify your deductions if necessary. Follow these organizing tips to make taxes easy.

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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09/02/2022

This is a cute way of pointing out the difference between what makes things extraordinary rather than ordinary. It really is a matter of a few degrees, going that little bit further to push things past the point of regularity. The key is that you want to always strive for the extraordinary. Doing a few extraordinary things might make you complacent, and ready to rest on your laurels. But then you run the risk of slipping back into ordinary behaviors. Always ask yourself if what you’re doing is ordinary or extraordinary and then give that little extra if needed.

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08/26/2022

What are the 4 main activities of bookkeeping?

- Record the source of transactions.
- Helps in decision making.
- Gives information to prepare financial statements.
- Legal Requirement.

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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08/25/2022

Tips for Managing Small Business Finances

1. Invest in Growth.
2. Have a Good Billing Strategy.
3. Monitor your Books.
4. Set up good financial habits.
5. Focus on expenditures but also ROI.

Managing finances can be a challenge for any small business owner. Often, the reason your small business is successful is because of the skills you bring to making your product or providing your service. If you don’t have a lot of experience with managing business finances, it can feel like a chore and you could be slipping into bad financial habits that could one day harm your business.

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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08/24/2022

It can be dangerous to start counting down your days, because you want to make each one count. But many times there will be an event coming up that makes you start counting down how many days until it arrives.

But each day between now and then is important, and you don’t want to breeze over any part of your life just to get to the next, seemingly better part. Putting the most of yourself into each day will make it so you never have any regrets about how you spent your time here, and you’ll know that you really did make it count each day.

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08/19/2022

⭕ Accurate bookkeeping for business has several benefits.

It means you are prepared if you are ever audited by the government.

It can also act as proof of income when you're applying for a loan or other credit facility.

You should record your business expenses, please keep all receipts, all payments you make, including bank transfers, and all payments you receive from clients.

Then you can input this in your accounting software if you have one

Try as much as possible to:

• Generate accurate invoices

• produce at least income statement reports

• keep track of money owed to you that`s your accounts receivable

• keep track of the money you owe to others that are your accounts payable

You will reap the good when you organize your system for good bookkeeping, without it you'll struggle to manage your finances

Begin right away, as soon as you start business operations. Don't put it off, or you'll find it hard to remember every past transaction.

We advise that you set aside time to do the books every week – if you fall behind, you may struggle to catch up.

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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08/18/2022

Types of Business Taxes

⭕ INCOME TAXES - All businesses except partnerships must file an annual income tax return. You must pay the tax as you earn or receive income during the year. if you are not required to make estimated tax payments, you may pay any tax due when you file your return.

⭕ ESTIMATED TAXES - The quarterly payment of taxes for the year is based on the filter's reported income for the period. Individuals, including sole proprietors, partners, and S-corporation shareholders, generally have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.

⭕ SELF EMPLOYMENT TAXES - The self-employment tax is designed to be collected from workers who are considered self-employed and don't otherwise pay withholding taxes. This includes sole proprietors, freelancers, and independent contractors who carry on a trade or business.

⭕ SALES TAXES - A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale, collected by the retailer, and passed on the government.

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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08/17/2022

📌 What a great way to greet the world! Acting might come before believing on this one, as it’s not an easy task to believe that it’s impossible to fail. It might be a case of faking it until you make it, taking bold actions as if you really believe that you can’t fail, and then building up your confidence and your belief that you really can’t.

Even if things don’t work out you still infused them with the right energy, rather than taking a defeatist approach that it probably wouldn’t work. It means you’ll try bigger and bolder things than if you are doubting yourself the whole time.

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08/12/2022

Here's a Reminder!

"As a business owner, your fees are tax deductible for your business"

When looking to minimize wholesaling real estate taxes, wholesalers should think about some of the most common allowable expenses necessary for a successful wholesale real estate business

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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08/11/2022

Bookkeeping & Accounting Services

BOOKKEEPING RESPONSIBILITIES
-Keep track of financial transactions
-Journalize debits and credits
-Payroll processing

ACCOUNTING RESPONSIBILITIES
-Make, examine and evaluate financial statements
-File all necessary tax returns

If you need help with your bookkeeping or accounting records, please get in touch with me. 🔥🔥

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08/10/2022

It’s interesting to think that you can start anew with each passing moment. You can let go of the past, let go of whatever is holding you back, and start again, doing whatever it is you want to do. It’s refreshing to know that the present is not entirely enmeshed in the past, and your future is being created moment by moment.

If you’ve been mired in doubt and hesitation to start a new project or to mend a relationship because of things that have happened to you in the past, remember that this moment is totally new and you can move in the direction you want to go.

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Address

Snellville, GA
30039

Opening Hours

Monday	9am - 6pm
Tuesday	9am - 6pm
Wednesday	9am - 6pm
Thursday	9am - 6pm
Friday	9am - 6pm

Website

https://www.asctaxandfinance.com/

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