Author: D Allen
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Home Office Deductions You Won’t Want to Miss
In the last post on home office deductions in the United States, we talked about how any area of your home you deduct must pass an exclusive use test, essentially meaning that you use that part of your home only for business. Read it if you want to know more about that. Here we will Read more
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Deuteronomy 8:18 – God Gives You Power to Get Wealth
Deuteronomy 8:18 – God gives you the power to get wealth The legendary evangelist George Mueller once said in a book he wrote, “Let no one profess to trust in God, and yet lay up for future wants, otherwise the Lord will first send him to the hoard he has amassed, before He can answer Read more
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A Great Name Is Better Than Great Riches
Proverbs 22:1 (NIV) – a great name is better than great riches Think back to any time you saw a stranger with a fancy car or a big house. Of course you admired it. Fancy cars are beautiful. Big houses are amazing. Do you remember the name of the person who owned them? When I Read more
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Better a Dry Crust with Peace and Quiet
Proverbs 17:1 (NIV) – Better a dry crust with peace and quiet than a house full of feasting, with strife. I often heard people on the lower economic end of the spectrum quote this proverb. In the past, I saw it as a massive cope. Choosing to despise what you don’t have, or believe you Read more
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Not Tracking Income and Expenses? You Will Fail
Let’s be real—bookkeeping isn’t the most exciting part of running a business. But do you know what is? More profit, less stress, and better decisions. And that all starts with tracking income and expenses. Here’s why good bookkeeping is your secret weapon: Bookkeeping is more than just paperwork—it’s the foundation of your business success. For Read more
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Tax Rules of Hiring Your Kids In Your Business
You want to hire your children for your business, but you want to follow the tax rules for hiring your kids. Good on you. Here we’ll talk about how to do that. Children had summers off from school so they could help during summer months on the family farm. Urbanization, and mechanization of agriculture, reduced Read more
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How to Track Business Receipts
It’s important to know how to track business receipts. If you gather and keep your receipts like a bookkeeper would, you’ll save yourself a lot of unnecessary time. Gathering receipts is very important. Here’s why: Saving Your Receipts Digitally I recommend saving your receipts in two to three different places digitally. One copy can be Read more
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A Service Business Chart of Accounts For You
This is a tutorial for people starting a new business. For more business tutorials, see the tutorials section. If you’re just starting a service-based business, a proper chart of accounts will help you: Let’s figure out what you really need to get started. I’ll first address the number code systems and then present to you Read more
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Double-Entry Bookkeeping Explained (Easily, for Once)
It seems complicated at first, but you can have double-entry bookkeeping explained in a way that is very simple. This is the best way I can think of it right now: Imagine two sets of elevators on a balanced scale. On the left set (of two) only the left one will go up when weight Read more
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In 90 Seconds – Add New Users to Quickbooks!
Here’s how to add new users to QuickBooks Online. I’ll show you how in 90 seconds. For other video tutorials check out my tutorials page. To have me be the bookkeeper for your business, contact me for a free strategy call. Read more