Bookkeeping is crucial to any business. It is how daily financial transactions are recorded and prepares companies for filing taxes and for producing financial statements.

Basics of Bookkeeping for Your Business

Businesses of any size need to keep accounts organized. Bookkeeping is the process of recording and classifying all financial transactions of a business. Not only is this helpful for business owners to understand their cash flow and expenses, it is also necessary for external sources like lenders. Bookkeeping is also crucial for tax preparation. If […]

Don't let business tax planning overwhelm you! At Thom Bookkeeping we can help keep you organized and develop tax planning strategies.

All You Need to Know about Tax Planning for Business

When it comes to tax planning for your business, it can get complicated and overwhelming. Between all the different types of taxes, estimated payments, timing income/expenses, deductions, and credits, there is certainly a lot to think about. Fortunately, you don’t have to do it alone. At Thom Bookkeeping, we are experts in business tax planning. […]

Business owners always have busy schedules. Let a bookkeeper in Dakota Dunes help you stay on top of your day-to-day schedule.

4 Ways to Stay on Schedule When You Own Your Own Business

Running your own business is not easy. In fact, it can feel like a 24/7 job. While you can never truly take a break from your own business, there are ways that you can work to be more organized and stay on schedule. At Thom Bookkeeping, we are here to help. We are a bookkeeper […]

starting a business

3 Things You Will Need to Start a Successful Small Business

When you are starting a business, a lot of time and effort goes into defining the product and business model. From there on, you start to design and build your product. There are several approaches to setting up a business, and there is no right way to do it. However, you will succeed if you […]

owning your business

How to Know if You’re Ready to Open Your Own Business

Starting your own business can be quite an overwhelming thought. Therefore, you need to know if you are ready for the adventure. Are you prepared to let go of your 9 to 5 job and feel secure in your ideas? Being your own boss gives you a lot of independence but involves a lot of […]