Author: D Allen
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Co-Mingling Funds: the FASTEST Way to Wreck Your Bookkeeping
I heard a story about co-mingling funds from a fellow bookkeeper this morning, just before I wrote this. A prospective client added 18 bank accounts to his accounting software account. These accounts included his business bank accounts for multiple businesses, his personal bank accounts, his personal investment accounts. We don’t have a name for him,… Read more
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How to Receive Payments & Deposits in QuickBooks Online like a Pro Bookkeeper! (in 3 minutes)
QuickBooks tries to be intuitive, but there are so many options that sometimes it’s confusing to try even simple things. One example is how to receive payments in Quickbooks Online, and recording deposits. In this video I explain how to receive payments and record deposits in QuickBooks Online, and I do it in under 3… Read more
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Don’t let 1099s and W2’s Surprise You Again
January has come and gone, but you can be ready next time. I can help you with that. Schedule a strategy call with me to learn how I can save you money and time getting your books right. The deadline to file 1099s was January 31, 2025. For those who have employees and payroll, January… Read more
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How to Make an Invoice in Quickbooks (in under 90 seconds flat!)
Here’s how to make an invoice in QuickBooks Online. When you return to the customer screen, you should see the new invoice you made. To have me do all this for you as your bookkeeper, start by scheduling a free call with me to talk about your bookkeeping needs and business goals. To read or… Read more
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Deducting Your Rent and Mortgage Expense
Want lower taxes? You can deduct part of your mortgage or rent expense! If you do business from your home or apartment, isn’t the rent or mortgage you pay tax deductible? Not all of it, but let’s see how you can claim a deduction if you conduct business from your home. This is crucial to… Read more
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Deduct Business Meal Expenses Like a Bookkeeper!
When travelling on business, it is good practice to keep your receipts because “meals spent on business purposes are tax deductible,” aren’t they? Let’s learn how to deduct business meal expenses like a bookkeeper! There are two deduction methods: the 50% and the 100% deduction. The 50% deduction Use the 50% deduction if the meal… Read more
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How to Deduct Car Expenses and Mileage the RIGHT Way
Trying to deduct car expenses in your business, but don’t know how? Read on to learn how to do it right. Released just this month! The mileage deduction rates for business driving expenses has risen to 70 cents per mile. You can claim deductions for your business vehicle under the mileage or expense methods. The… Read more
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New Client Spaces Available Through February!
Allen Bookkeeping Solutions opened for business in October 2024. We are grateful to the people who have given this new business a chance and look forward to serving them for years to come. We have only six spots left for new clients through the month of February. If you would like us to help streamline… Read more