So you’ve used the services of a couple of 1099 contractors this year and you’re wondering about who must be issued a 1099 form and who needn’t receive one. Well read on below for a couple of quick tips regarding who requires a 1099 form and when they need it by.
Cloudy With A Chance of Convenience
Last week, in our article about paper-based vs. electronic accounting systems , we mentioned cloud bookkeeping solutions. You may know a little, or a lot, about the concept of cloud technology. What you may not know, is that there are multiple cloud-based solutions for storing your bookkeeping data. You may also not know how these solutions can make your data safer, more accessible, and more secure. Read on below to learn more about the difference between cloud and local bookkeeping solutions.
Best Practices for Trust Accounts
Last week we covered some common trust accounting mistakes. This week we’re going to do the opposite. We’ll cover some trust account best practices that will help prevent trouble from arising in the first place. So read on to discover some basic, easy, and simple tips to keep you out of the clutches of your local state bar.
Why Would A Small Law Firm Need a Bookkeeper?
“With a staffing footprint of only a few attorneys why do I need a bookkeeper?” It’s a question I’ve heard a lot over the course of my career. Many lawyers who work in small firms don’t see the benefit of relying on external expertise to keep their books organized. Unfortunately, many of those same lawyers eventually come around to a different way of thinking only after something bad, or even catastrophic, happens with their accounts.