Blog – Page 4 – KPS Bookkeeping

Unlocking Growth: The Art of Strategic Planning for Entrepreneurs

Business Strategies, Productivity / Terri @ KPS Bookkeeping

Unlock the secrets of small business triumph with strategic planning. From setting SMART goals to staying ahead of market trends, this guide empowers entrepreneurs to navigate success. Discover actionable steps to outshine competitors and fortify your business strategy. Thrive in the entrepreneurial journey – read on and chart your course to sustained success.

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QuickBooks Payroll for a Remote Workforce

Productivity / Terri @ KPS Bookkeeping

Learn how to set up payroll for remote employees, including classifying employee types based on their roles and locations, and choosing between service providers and manual processing to ensure compliance with employment laws.

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Taxes: Do I pay on Gross on Net Income?

Taxes / Terri @ KPS Bookkeeping

Should you pay taxes on your gross income or net income? This article explains the differences and highlights the importance of meticulous bookkeeping to stay on the right side of tax regulations.

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From Chaos to Control: How Organization Propels Self-Employed Success

Productivity, Professional Development / Terri @ KPS Bookkeeping

Embracing an organized lifestyle isn’t just about conforming; it’s a smart move that brings real-world advantages and elevates your business pursuits. Dive into the world of strategic organization and learn actionable steps to fuel your journey towards unparalleled success.

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Shifting Your Attitude: Thriving in the Face of Unmet Expectations

Professional Development / Terri @ KPS Bookkeeping

Feeling discouraged as a self-employed professional when your business doesn’t meet your expectations? Don’t let setbacks define your attitude. Discover the transformative power of resilience. Learn how to bounce back, set realistic goals, and embrace a positive mindset. Your path to success starts by shifting your attitude. Read on to find out more!

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Separating personal and business travel expenses

The Fine Line: Separating Personal and Business Expenses on Your Vacation

Business Strategies, Taxes / Terri @ KPS Bookkeeping

Many self-employed professionals believe they can automatically deduct all expenses from their vacation as business travel. However, the reality is different. This article aims to demystify the misconceptions surrounding deducting vacation expenses and provide clarity on the IRS guidelines.

The Fine Line: Separating Personal and Business Expenses on Your Vacation Read More »

Preparing for the Unexpected: 4 Benefits of Developing a Disaster Recovery Plan

Business Strategies / Terri @ KPS Bookkeeping

Have you identified all the critical functions and operations that need to be prioritized during a disaster? A Disaster recovery plan ensures that your business can continue operating during and after a major disruption. Use these steps to help you plan for the unexpected.

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Harness Your Worth: The Power of Paying Yourself as a Self-Employed Individual

Business Strategies / Terri @ KPS Bookkeeping

Paying yourself is not a luxury but a necessity. It fosters financial stability, cultivates a healthy mindset, and lays the groundwork for sustained success. By doing so, you not only fuel your own growth but also become an inspiration to others, creating a thriving and supportive community of self-employed professionals.

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Financial Freedom in the Face of Uncertainty

Business Strategies / Terri @ KPS Bookkeeping

Being self-employed is an incredible journey that offers freedom, flexibility, and the opportunity to pursue your passions. However, one of the greatest challenges faced by self-employed individuals is the uncertainty that comes with an irregular income. To overcome this uncertainty, embrace the power of intentional financial management.

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What are Your Tax Obligations?

Taxes / Terri @ KPS Bookkeeping

As a self-employed business owner your tax obligations fall directly on you. Being familiar with the taxes you may owe allows you to be prepared throughout the year. You are the party responsible for all taxes due. Are you prepared?

What are Your Tax Obligations? Read More »