At Rakow & Co, we’ve had the privilege of providing bookkeeping services for home builders for many years. In our extensive experience, there are unique financial challenges home builders face that often require specialized bookkeeping services. In this guide, we will discuss the importance and benefits of bookkeeping services for home builders, as well as […]
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As a mental health professional, your passion lies in helping clients and providing superior care. Bookkeeping shouldn’t consume your thoughts and stir financial worries in your life. As a health care accountant, we’ve put together 6 best practices to help you put the building blocks in place so that you can de-stress your life and
Bookkeeping For Mental Health Professionals – 6 Best Practices For Your Business Read More »
Owning a business as a foreign entity in the United States can be a rewarding venture. However, it also comes with obligations, one of those being filing your taxes, for which you’ll need Form 5471, Form 5472, Form 8938 or Form 1120. As part of our business tax services we help foreign owned LLCs file
Form 5472 & Other Tax Forms Foreign-Owned LLCs Must File Read More »
There are many benefits that you, as a small business owner, can reap from virtual bookkeeping services. In this blog, we’ll take a look at five main ones. Managing bookkeeping tasks in-house can be time-consuming, prone to errors, and a drain on your resources. It’s also not the best use of your time. By choosing
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The way business is done today is highly flexible – it helps if your accounting is mobile too. Imagine you run a business and you’re out grabbing a coffee before your next meeting. Your pockets are stuffed with receipts from supplies you purchased earlier that day. What if there was an easy way to manage
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How To Improve Your Construction Accounting If you’re in the construction industry, you know that it’s not just about putting on a hard hat and watching the dollars pour in. Your days are spent juggling various tasks such as costing projects, meeting clients, managing teams, chasing payments, ensuring health and safety, and even factoring in
Why You Need A Construction Accountant Read More »
As a small business owner, we know you’re a master of multitasking – juggling a long list of activities and trying to prioritize your time. It’s no surprise that your top drawer is stuffed with receipts waiting to be captured. You keep telling yourself that you’ll get your books up to date next week. But
How A Virtual Bookkeeper Will Clean Up Your Books Read More »
An Employer Identification Number (EIN) number is a unique nine-digit identifier similar to a social security number. However, EINs are used to identify businesses for tax and administrative purposes. This guide will cover everything you need to know about EINs, including how to get one in New Jersey and other US territories and why you
What Is An EIN Number, How To Get It & Why You Need It Read More »
Handling finances as a small business owner can be intimidating and complex. The good news is that you can delegate these tasks to an online bookkeeping service. This will take the weight off your shoulders and allow you to focus on other tasks which you love. An online bookkeeping service refers to any kind of
A Guide To Online Bookkeeping Services Read More »
Running payroll is a critical aspect of any small or large business. It involves keeping track of the salary paid to each employee and other factors like benefits, pension and taxes. An effective payroll system ensures that your employees are fairly compensated and your business complies with government regulations. If you’re a business owner, you
Payroll Solutions – How To Choose One Read More »
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