Invest your time and efforts on running your business. Leave the bookkeeping to me.

Invest your time and efforts on running your business. Leave the bookkeeping to me. If you’ve been in a service business for a while, you know the importance of keeping track of your income and expenses. You may even have had a problem with your income taxes. Surely you’ve heard about service businesses that had an unexpectedly high income tax bill. Maybe you’ve even been fined or had to pay penalties because you didn’t file some tax in a timely manner. Far too many service businesses have seen...

Invest your time and efforts on running your business. Leave the bookkeeping to me. If you’ve been in a service business for a while, you know the importance of keeping track of your income and expenses. You may even have had a problem with your income taxes. Surely you’ve heard about service businesses that had an unexpectedly high income tax bill. Maybe you’ve even been fined or had to pay penalties because you didn’t file some tax in a timely manner. Far too many service businesses have seen their profits dwindle or vanish to unforeseen taxes, penalties and interest. That’s why you need a great bookkeeper. Some of the problems that Rainbow Bookkeeping solves on a regular basis are: Keeping your books in order to easily track your income and expenses. Avoid: Getting a big tax surprise at the end of the year. With Rainbow Bookkeeping, you don’t miss out on key business deductions, and you will have a better understanding of what you will owe in taxes. Ongoing bookkeeping simplifies taxes at the end of the year, which means less time and money spent getting your taxes done. Reviewing financial statements monthly. Avoid: not knowing how your business is doing financially With Rainbow bookkeeping, you can stop wasting time and money on your products and services that are losing money and focus more attention on the most profitable of your products. Tracking all your expenses as they occur and knowing when they might be unnecessary or excessive. Avoid: Not knowing what your expenses are and spending too much. Rainbow Bookkeeping can help you learn to track the real value of advertising, uncover expenses that are not necessary for your business, and understand the benefits you are receiving from your necessary expenses. You don’t have to do bookkeeping to keep doing what you love. When you work with us, you get -Your bookkeeping taken care of behind the scenes -A five to ten page set of financial statements in PDF format each month -A one hour monthly meeting (Via Zoom) to help interpret them This will tell you where your cash is going so that you can make more money. One hour a month with your bookkeeper lets you focus on the work that you excel at, so that you can make more money while knowing that your books are being kept in order.