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How to Start a Bookkeeping Business + Free Checklist

Startup accounting can be used to generate financial statements and financial reports as well as review financial transactions. One of the ways that startup founders most frequently create bookkeeping and accounting messes is by failing to open dedicated startup...

How to Start a Bookkeeping Business

Bookkeeping

A major part of registering your business and opening up shop is choosing a business entity. This will govern how you pay taxes as a small-business owner, but also what kind of liability protection you have in case something goes wrong and how you’ll structure your...

Your guide to accounting for grant money youve received

Bookkeeping

So in late 2022, Baker Tilly hired investment banker William Blair & Co, which arranged meetings with 25 potential private equity investors–sessions that Ferro likens to first dates. Finally, this past February, after more than a year of screening potential...

Best Practices when Accounting for Grants

Bookkeeping

Innovative software solutions are simplifying the complex process of grant management. This step helps confirm the accuracy of financial records, ensures compliance with funder reporting requirements, and fosters trust by demonstrating financial transparency and...

Instructions for Form 990-EZ 2023 Internal Revenue Service

Bookkeeping

Schedule B (Form 990), Schedule of Contributors, is open for public inspection for section 527 organizations filing Form 990 or 990-EZ. For other organizations that file Form 990 or 990-EZ, the names and addresses of contributors listed on Schedule B aren’t...

What Is the IRS Form 990?

Bookkeeping

In the case of an applicable tax-exempt organization, any transaction in which an excess benefit is provided by the organization, directly or indirectly to, or for the use of, any disqualified person, as defined in section 4958. Excess benefit generally means the...