Accounting Resources

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10 Small Business Bookkeeping Steps for Success

Are you employing best bookkeeping practices? Bookkeeping is the organized process of recording a company's financial transactions. Proper bookkeeping lays the foundation for the making of all key operating, investing, and financial decisions.

Bookkeeping Your Business to Financial Health

Small business owners, we make a living doing what we love, right? Whether your passion is fixing cars, building houses, writing copy, or serving pizza you must also do the behind the scenes work to ensure your business’ financial stability. Numbers may not be your passion, but they are a necessity. Here are basic tips and techniques to bookkeeping your business to financial health.

Independent Contractors vs Employees Final Rule in effect March 8, 2021

Independent Contractor vs. Employee: The final rule clarifying the standards for each takes effect on March 8, 2021. Here’s what you need to know.

W-2 and 1099 Filing Deadline 2021

Monday, February 1, 2021 Is the Filing Deadline for Form W-2. Are you ready?

9 Year-End Accounting Tips for Your Small Business

Somehow, even though we know December 31st comes every year, we aren’t always as prepared as we should be for year-end. Here are 9 year-end accounting tips to make sure you and your small business are on track.

What Constitutes Valid IRS Documentation for a Business Expense?

The Internal Revenue Service has clear guidelines as to what does and does not constitute valid documentation for both your gross receipts and your expenses. Below are simple guidelines to help you maintain proper records and documentation.

Independent Contractors vs Employees and your end-of-year tax responsibilities.

Labor laws specifically define who is an employee and who is considered an independent contractor. If you don’t understand the classifications, or you are unsure about the status of your workforce, it can result in costly fines and penalties for your business. Determining the classification of the people who work for you also impacts collecting and paying income tax on monies paid to your workers, payments for workers’ compensation insurance, social security payments, and thresholds for liability and health insurance expenses among other responsibilities.

Budgets: An Essential Tool for Small Business Success

If you don’t know where you want your business to be in one year, five years, or ten years, will you still be in business at those benchmarks? In today’s uncertain environment, it is not enough to simply record income and expenses; you need to develop a road map, a budget, to help you carry out your business’ objectives and strategies in a manner that is measurable and makes sense to you.

I-9 and W-4 Forms 2020 - Know Your Legal Responsibilities as an Employer

In recent months we have all been submersed in COVID-19 related business needs, but of course we still need to keep our eyes on the everyday non-pandemic business essentials. HR paperwork is one of those constants that doesn't always receive the attention it needs. Below is information you need to know about I-9 and W-4 forms.

Strengthen Your Financial Structure Now

Join me Thursday June 11, 2020 from 6:00 to 7:30 p.m. for a free webinar: Strengthen Your Financial Structure Now. Register at

Take Charge of Your Restart!

You are in control of your business’ restart. Maybe not the date of opening, but you do control how you prepare. Let’s talk about the specific steps you can take now to prepare for success when it’s time to reopen. Small business owners know that assessing where they are and where they are going is an ongoing process. When a business shutters temporarily and unexpectedly, the assessment looks a little different and digs a little deeper. Here are initial, critical questions to ask yourself – be prepared to make some lists!

Three Unemployment Programs - What You Need to Know

Three Unemployment Programs and How the Division of Employment Security Will Implement Them. The Division of Employment Security has received official guidance from the U.S.Department of Labor on how to implement the three unemployment programs of the federal CARES Act. We are working as quickly as possible to modify our systems to make sure people receive proper and accurate payments. If you are due any benefits prior to the full implementation of these programs, you will be paid retroactively.

Unemployment Information for Your Employees

In this time of COVID-19, who is eligible for unemployment and how do they apply?

At Your Service

As a business owner, you must love what you do. Solid Rock Accounting Services lets you focus on what you do best. We’ll take care of the financials; you take care of your business.

Who Works For You?

You may know the people who work for you personally, but do you know their correct employment classification? Labor laws specifically define who is an employee and who is considered an independent contractor. If you don’t understand the classifications or are unsure about the status of your workforce, it can result in costly fines and penalties for your business.