You can choose hourly fees ($125/hour), monthly pricing starting at $349/month (normally $399/month) or weekly starting at $499/month (normally $549/month). All these plans are for businesses with up to $20,000 in expenses using the cash accounting method. Bench’s Essential plan is $249 a month and includes monthly bookkeeping and a dedicated bookkeeping team. Online bookkeeping…
As an insider in the cloud accounting world, I can tell you that many virtual bookkeeping services don’t follow the best practices that have been listed above. If you don’t walk away from your initial interactions with your prospective virtual bookkeeping service feeling 100% confident that this company has your back, then just say no.…
Dividend yield lets you compare the value of dividends from different companies. Stock XYZ, for example, might pay a higher quarterly dividend than ABC of 20 cents per share, for a total annual dividend of 80 cents. Since shares of XYZ are valued at $75 per share, though, the dividend yield is only 1%. You…
An S&P 500 fund, for example, might pay a dividend yield of 1.77% while some companies within the S&P 500, like Kohl’s, offer dividend yields above 13% (more on yields below). A stock dividend is the issuance by a corporation of its common stock to shareholders without any consideration. However, this has no impact on…
Without filing your annual report, you cannot maintain approval to do business in the state. A stock certificate is a piece of paper which records the sale and purchase of shares in the corporation. Stock certificates were traditionally physical pieces of paper, but most companies now back them up register a lei number for your…
Both LLCs and S corps benefit from a provision in the Tax Cuts and Jobs Act of 2017 that allows qualifying owners of pass-through entities to deduct 20% of qualified business income (QBI) from their tax return. However, for S corps, the deduction doesn’t apply to profits paid out as wages. An S corp requires…
It leaves room for everyone in-office to be solely focused on their own tasks and can eliminate the cost of an in-house bookkeeping team. There are many reasons to outsource your bookkeeping, which can be a good option for many companies. Outsourcing your books will free up time to focus on other business aspects. Focus…
QuickBooks will charge you $15 monthly for 20 workers (plus $2 for each additional worker), whereas Square will bill you $6 per contractor monthly. As for the easiest payroll software to use, we recommend QuickBooks Payroll or OnPay. QuickBooks Payroll syncs with QuickBooks Online, one of the most popular accounting solutions in the world. If…
Your variable costs per mile, such as fuel, should stay pretty constant regardless of the number of miles driven. Your fixed costs per mile, such as insurance, should drastically fall as the number of miles driven increases. You may wish to calculate cost-per-mile separately for each category, for example—drivers, equipment, states, or customers—to spot trends…
And we help our individual clients minimize their tax liability, build wealth, and plan for a secure financial future. According to the American Institute of CPAs, certified public accountant (CPAs) financially advise individuals, big companies and small businesses to help them reach their financial goals. Eric Meyers CPA is a Phoenix-based firm specializing in small business…
