The (Not Boring) Boring Small Business Bookkeeping and Accounting Podcast
Getting bookkeeping and accounting knowledge to the younger generation.
Thu, April 10, 2025
No Income Tax: Boom or Bust?
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! What if your paycheck came with zero income tax deductions? In this episode, Paul explores a proposal to eliminate federal income tax for those earning under $150K—and what that could mean for small businesses, economic classes, and your vacation fund. Spoiler alert: spending may go up, prices might follow, and the long-term effects could reshape the economy as we know it. But don’t worry—no spreadsheets were harmed in the making of this episode. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, March 27, 2025
Classifying Workers: Rules, Risks, and Red Flags
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! How can businesses determine whether a worker should be classified as a W-2 employee or a 1099 subcontractor? Our resident bookkeeping mensch, Paul Rosenblum, breaks down the two main tests—the Common Law Test and the ABC Test—used by states and the IRS to assess worker classification, highlighting the serious tax implications of misclassification and the challenges employers face in navigating these rules. Turns out, bookkeeping isn’t just about numbers—it’s also about dodging financial punches… speaking of which, why did the bookkeeper break up with the calculator? It couldn’t handle their negative balance! Episodes mentioned: - W2 or 1099...The Question That Haunts Business Owners (ep 5) https://www.buzzsprout.com/2188873/episodes/12836055-w2-or-1099-the-question-that-haunts-business-owners - W2 or 1099: A closer look (ep 6) https://www.buzzsprout.com/2188873/episodes/12836054-w2-or-1099-a-closer-look - 1099 Reporting Changes (ep 21) https://www.buzzsprout.com/2188873/episodes/13852295-1099-reporting-changes - QuickBooks no more? (ep 26) https://www.buzzsprout.com/2188873/episodes/14240698-quickbooks-no-more Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, March 13, 2025
How to Handle Large Budget Deposits
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! How should businesses handle large budget deposits in their bookkeeping and tax reporting? Our resident Bookkeeping Mensch, Paul Rosenblum, walks us through three different accounting approaches, focusing on whether to report these deposits as revenue or only include management fees. Understanding these choices is crucial for business owners, bookkeepers, and accountants to ensure accurate financial reporting and strategic decision-making. And remember—bad bookkeeping is like a broken pencil… pointless! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, February 27, 2025
Bookkeping Ethics & Tax Prep: Does your Tax preparer owe you a Fiduciary Duty?
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! What happens when ethical dilemmas and financial reality collide in tax preparation and bookkeeping? That’s what our resident Bookkeeping Mensch, Paul Rosenblum, is going to unpack in this episode. Specifically, where the fine line between fiduciary duty and ethical responsibility, exploring how tax preparers navigate unpaid clients, financial missteps, and tricky legal gray areas. From handling overdue invoices to deciding whether to report client mistakes, it’s all about balancing integrity with business survival, isn’t it? And remember—bad bookkeeping is like a broken pencil… completely pointless! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, February 13, 2025
Bookkeeping Ethics and Fair Pricing
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Are bookkeepers charging fair prices, or are some taking advantage of clients? Our resident Bookkeeping Mensch, Paul Rosenblum, dives into the ethics of pricing, exposing common practices like overcharging for 1099 filings. Through real business examples, he helps bookkeepers and small business owners spot fair fees, value expertise, and make smarter pricing decisions. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, January 30, 2025
Bookkeeping Trend: Less But More And More
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! The flavor of business always changes over time but what our resident Bookkeeping Mensch, Paul Rosenblum, has noticed recently in his own bookkeeping practice is going to surprise you. Less but more is the best way I can explain it but Paul does a better job at laying out all the details for you. Let’s just say that if you’re a deep diver, you’re going to love this trend. Listen for the full details and for Paul’s reaction to this seismic shift in bookkeeping. 🔥 Substack post mentioned: https://paulrosenblum.substack.com/p/how-do-independent-bookkeepers-start Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, January 16, 2025
Your Complete 2025 U.S. Tax Checklist
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! It’s a new year and you’re ready to get on top of your small business taxes. Our resident Bookkeeping Mensch, Paul Rosenblum, is here with a handy checklist of super important items that you need to know about (and follow up on) to make sure you dot all those i’s and cross all those t’s (except in number form, because Bookkeeping, right?) Paul covers inheritance, insurance, workers comp, capital gains child support and so much more on the personal side of your taxes as well as small business tax deductions like vehicle expenses, business meals, advertising, etc. You’ll need to listen to this before talking to your Bookkeeper. They’ll be really impressed with how prepared you are when you do. Promise! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Tue, December 24, 2024
Twelve Days of Christmas Bookkeeping
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! We can’t wrap up the year without a playful holiday episode, can we? That’s why our resident Bookkeeping Mensch, Paul Rosenblum, is here to share his bookkeeping take on The Twelve Days of Christmas . He outlines key bookkeeping tasks he focuses on in December to prepare for tax season, such as prioritizing clients, reconciling accounts, and reviewing new tax laws. These preparation tasks help him stay organized so they’re likely to help you do the same. And one more thing to contemplate before 2025: Why was the bookkeeper's favorite Christmas carol 'Silent Night? Because it’s the only time their books are balanced ! Happy Holidays and Happy New Year everyone! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, December 12, 2024
Signs of bad bookkeeping
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! After you find a suitable bookkeeper for your business, it can be easy to assume that your job is done. Now it’s their turn to do the books and you can do anything else in the business, right? But our beloved Bookkeeping Mensch, Paul Rosenblum, is here to show you why this would be a mistake. A very big one. He’s even got specific examples when this type of situation goes wrong. Very wrong. Good intentioned shortcuts can lead to all kinds of financial and legal issues. Paul knows you don’t want that to happen so please follow his advice because your business should thrive, not stumble and fall. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Tue, November 26, 2024
How Communication Impacts Year-End Bookkeeping?
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! What do $12,000, lending company money and 3 LLC's have to do with one another? These are the examples that our resident Bookkeeping Mensch shares with us to demonstrate that communicating with your Bookkeeper all year is essential. Episode mentioned: American Fast Food's Perception Problem, https://www.buzzsprout.com/2188873/episodes/15686396-american-fast-food-s-perception-problem Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, November 14, 2024
What Leadership Changes Could Mean for Small Business
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! As Americans process recent political events, our level-headed resident Bookkeeping Mensch, Paul Rosenblum, offers thoughtful reflections on how upcoming leadership changes may impact small businesses. He provides a big-picture view on possible shifts in tax, regulations, tariffs, minimum wage, and healthcare, focusing on what these could mean for business operations without diving into political specifics. Rather than predictions, Paul gives insights on what may unfold, encouraging small business owners to stay informed and adaptable—an approach that empowers us all to navigate whatever changes may come with confidence. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, October 24, 2024
Balancing Business Divorces Brilliantly
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Why did the bookkeeper break up with the partnership? Too many outstanding issues and not enough balance! But don't worry, our very balanced Bookkeeper Mensch, Paul Rosenblum, is here to share how to avoid such issues. He talks about five LLCs that hit major bookkeeping snags because the partners weren’t communicating and didn’t have clear roles. They shared QuickBooks subscriptions, payments were late, and the whole thing spiraled into a legal mess. What could have been done differently? Paul's got some grounded and practical recommendations for sure! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, October 10, 2024
PPP Audits & 2020 Accounting Lessons
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Have you thought about how the event that we dare not be reminded of from 2020 reshaped the way businesses manage their finances? Our resident Bookkeeping Mensch, Paul Rosenblum does. In this episode he’s sharing how accountants had to navigate constantly changing rules and regulations throughout that time. And now in 2024 the PPP program faces audits for potential fraud, which means that businesses documents must be checked to make sure that these funds were used properly. This includes PPP, EIDL loans, and unemployment benefits. So yes, this adds a layer of complexity to tax reporting. But don’t worry, Paul has you covered! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, September 19, 2024
American Fast Food's Perception Problem
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! "Why are fast food sales plummeting in the U.S.?" Our resident bookkeeping mensch, Paul Rosenblum, explores this surprising turn in the market. Rising prices and shifting consumer expectations, especially post-pandemic, have hurt major chains like McDonald's, Starbucks, and Subway. In response, some fast food companies are rebranding, offering discounts, and improving customer experiences, but Paul argues that their long-term success will depend on maintaining strong customer relationships and, you know what’s coming, a distinct "personality." Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, September 05, 2024
Turning Complaints into Customer Loyalty
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Vacation is supposed to be relaxing, but what if your stay doesn’t live up to your expectations? That’s what happened to our resident Bookkeeper Mensch, Paul Rosenblum, during his recent South Carolina getaway. While most of the trip was great, the accommodations had a few problems. But instead of just complaining, Paul is here to share the surprising outcome and what small business owners can learn from how the management handled the situation. Episodes mentioned: Ep 38: Building Your Business Bookkeeping Team, https://www.buzzsprout.com/2188873/15460097-building-your-business-bookkeeping-team Ep 39: Bookkeeping mishaps to avoid, https://www.buzzsprout.com/2188873/15513778-bookkeeping-mishaps-to-avoid Ep 40: Treat Your Customers Well Instead of Bean Counting, https://www.buzzsprout.com/2188873/15575616-treat-your-customers-well-instead-of-bean-counting Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, August 22, 2024
Treat Your Customers Well Instead of Bean Counting
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Why should you, a small business owner, prioritize treating customers well instead of focusing solely on your bottom line? That’s what our favorite bookkeeping mensch, Paul Rosenblum, has been doing for over 2 decades. So on the 30th anniversary of the McDonald's Hot Coffee Case (yes, it’s been that long), he’s taking a look at what happened and what could have happened instead. Because as we all know, McDonald’s had the money to keep this story from blowing up. So why did this happen? And, of course, how can knowing this help keep you grounded while navigating the tricky world of business? Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, August 08, 2024
Bookkeeping mishaps to avoid
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Accounting can be as unpredictable as a day at the beach with no sunscreen, as our favorite bookkeeping mensch, Paul Rosenblum, learned while untangling the mess of a green energy business. His stories highlight just how important it is to work with the right people and make smart decisions, like using a business credit card instead of a personal one. As you may suspect, his advice ties in to the business personality theme from the last few episodes. There’s a reason for that just like there’s a reason why accountants don’t surf: they’re too busy riding the wave of financial statements! You'll have to listen to the episode for the other reason. Episodes mentioned (in order): ep 37: Kickstarting Your Bookkeeping Business - Tips and Tricks ep 38: Building Your Business Bookkeeping Team ep 2: Types of Entities ep 4: Accrual vs Cash-Based Accounting Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, July 25, 2024
Building Your Business Bookkeeping Team
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Which do you like doing more: working IN or ON your business? Most small business owners say that working ON the business is their biggest pain point. And that's exactly why our resident bookkeeping mensch, Paul Rosenblum, is providing this much-needed overview of the top things that will help you grow grow your small business bookkeeping team. You can't/shouldn't do all the things in your business forever, no matter how much of a control freak you are. He covers topics like the totem pole of bookkeeping, how to network to find bookkeeping help, getting clear on your business's personality and customer service flavor and how they impact your books. Why did the scarecrow become a successful entrepreneur? Because he was outstanding in his field! And you'll be too if you follow Paul's advice! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, July 11, 2024
Kickstarting Your Bookkeeping Business-Tips and Tricks
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Are you looking to start your own bookkeeping business? Our resident bookkeeping mensch, Paul Rosenblum, is here to share his wealth of knowledge on how to get your bookkeeping business set up. These tips are NOT what you’re expecting. Yes, there are tips about networking and becoming a content expert but that’s just the beginning. Listen to Paul if you’re thinking of starting your bookkeeping business soon, he knows how to attract the right kind of client for the kind of bookkeeping business for you. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, June 20, 2024
Bookkeeping Questions and Answers, #1
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! In this special episode, our resident Bookkeeper Mensch, Paul Rosenblum, answers YOUR questions. (Thanks for sending these in!) Much to our delight, each question explores a different aspect of financial decision-making, ranging from retirement, QuickBooks, expense and assets tax rules and more. Paul had a blast answering your questions and is happy to do another episode like this in the future, so keep the questions coming. You can send a text message or email and even leave a voice message with your questions and any super compliments about the show 😋. See below for Paul’s contact links. Episodes mentioned: ep 5: W2 or 1099...The question that haunts business owners ep 6: W2 or 1099: A closer look ep 28: Partnership Payout Puzzle Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, June 06, 2024
Chart of Accounts, The Sequel, Part 2 of 2
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Ever wondered why bookkeepers are the real superheroes of the business world? It's because they master the intricacies of the chart of accounts, ensuring every income, cost of goods, and expense is perfectly categorized in the profit and loss (also known as the income statement). It may not sound like a superhero task to you when you first start tracking these accounts, but trust us, it IS! That’s why our resident bookkeeper mensch, Paul Rosenblum delves into these 3 accounts … and more! More? Yes! There can be more to the income statement than these 3 accounts so be sure to listen through to the end for those extra special crispy accounts (okay, they may or may not be crispy but they are special and Paul will explain why). Episode 4: https://www.buzzsprout.com/2188873/12836056-accrual-vs-cash-based-accounting Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, May 16, 2024
Chart of Accounts, The Sequel, Part 1 of 2
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Why did the accountant break up with their calculator? It just wasn't adding up! (Did we mention that Paul is still recovering from tax season?) No, seriously, we need to have a talk about your business adding up so our resident bookkeeping mensch, Paul Rosenblum, is taking his magnifying glass (instead of his calculator) to show you the financial story of your business. He’ll do this in two episodes. Part 1, this episode, is about the balance sheet accounts (you know: assets, liability and equity accounts) and part 2 will be about the income statement (also known as profit and loss). If you liked the first Chart of Accounts episode (episode 7, link below), then you’re going to really benefit from this update. episode 7: https://www.buzzsprout.com/2188873/12836053-chart-of-accounts episode 28: https://www.buzzsprout.com/2188873/14494023-partnership-payout-puzzle Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, May 02, 2024
The Bookkeepers Tool Kit (and Utility Belt)
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! If you’re a bookkeeper with Batman tendencies, then our resident bookkeeping mensch, Paul Rosenblum, has some advice for you in this post-tax season episode. He’ll help you reevaluate your bookkeeping-life balance including an audit of your client roster, physical work environment, software stack and more. Should there be more bookkeeper specific episodes like this? Let us know and we’ll set them up on “the same bat-time, same-bat channel”, whoops, we mean bookkeeping episode, bookkeeping podcast. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, April 18, 2024
Boosting Your Bookkeeping Bond
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! As tax season winds down, our resident bookkeeping mensch, Paul Rosenblum, has some words of wisdom for small business owners in this special (and not ranty) client’s toolkit episode. Toolkit for what? Being good to YOUR bookkeeper (even if they’re not Paul). The heart of it is, as Billy Joel aptly says, “It’s a matter of trust”. Paul outlines how small business owners can have realistic expectations, communicate clearly and often, and maintain transparency in financial matters with their bookkeepers. And there’s some bad behavior that’s not okay to do that he’ll share with you as well. But you’ll have to listen for those stories. A-One, two, a-one, two, three, four. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, April 04, 2024
Bookkeeping Software, Part 2: Alternatives to QuickBooks
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Curious about the differences between online bookkeeping software options? Our resident Bookkeeping Mensch, Paul Rosenblum, has got you covered! He shares crucial insights about the options available including the free, the simple and the ala carte (yes, that’s a thing!). If you’re just starting your business and are looking for the right bookkeeping software OR are in need of a change, get ready to take some notes. And remember, always balance your books, but never balance on a high chair – it's just not worth the risk! Software mentioned: QuickBooks Online: https://quickbooks.intuit.com/online/# Zoho: https://www.zoho.com/ FreshBooks: https://www.freshbooks.com/ Akaunting: https://akaunting.com/ Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, March 21, 2024
Bookkeeping Software, Part 1: The Pros and Cons
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Alright, folks, listen up! This episode is a must for all you business owners and bookkeepers out there, because we're diving deep into the realm of online accounting……software! It's a game-changer, sure, but before you jump on the bandwagon, let our resident bookkeeping mensch, Paul Rosenblum, walk you through the ups and downs of each option. With his savvy insights, you'll be armed to make the right call on which cloud-based accounting tools to roll with. So sit back, grab a coffee (or something stronger), and let's jazz up your financial game plan for success! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, March 07, 2024
Audit-Free Bookkeeping Tweaks
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! In the midst of tax season, our resident bookkeeping mensch, Paul Rosenblum, delves into three crucial small business bookkeeping adjustments to make sure you avoid IRS scrutiny. Through three case studies, he addresses careful business shifts in payroll, company to company transfers, and intercompany transactions. Emphasizing his personable approach, Paul advocates for thorough bookkeeping cleanup coupled with robust client-bookkeeper relationships based on trust to effectively handle all of these changes. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, February 22, 2024
Partnership Payout Puzzle
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Ever wondered why partnership distributions sometimes leave partners scratching their heads, wondering where all the money went? Our resident bookkeeping mensch, Paul Rosenblum, delves into the intricacies of managing finances for a landscaping company partnership. He unravels the mystery behind taxable income on K1 forms and the nuances of distributing profits. Discover the secrets to navigating partnership finances and ensuring a smoother tax reporting. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, February 08, 2024
Preparing for the tax season marathon
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Strap on your running shoes so you can train with our resident Bookkeeper Mensch, Paul Rosenblum, for his tax marathon preparation. Discover his methodical process for evaluating and streamlining clients' financial records, akin to pacing for a marathon, emphasizing precision and client engagement as crucial checkpoints along the way. He’s so prepared, in fact, that he recorded this episode during the holiday season in December. He’s got reps of audits, reconciliations, and client emails and calls to cycle though. But this is Paul we’re talking about and he’s handing it like an Olympic champion. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, January 18, 2024
QuickBooks no more?
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Why is July 31, 2024 a date to remember and possibly cry over? In this episode, our loveable bookkeeping mensch, Paul Rosenblum, takes us on a rollercoaster of emotions as he grapples with the impending retirement of certain QuickBooks Desktop products. That happen on, you guessed it, July 31st this year. Amidst the cheerful buzz from other users, Paul laments the looming changes, details the general decline in small business software over the years and, yes, vents about technological “progress” making his job harder, not easier. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, January 04, 2024
More 1099 Updates
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! As promised, it’s time for our resident bookkeeping mensch, Paul Rosenblum, to update us on the 1099 situation. He specifically addresses the introduction of 1099K forms by third-party payment apps like Venmo and PayPal for transactions over $5,000 starting in 2025. Although this change is still some time away, it’s important to understand the potential challenges and questions surrounding how this might cause confusion. But don’t worry, you’re in good hands with Paul. He’ll continue to keep you updated on updates as time goes on in future episodes. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, December 21, 2023
Organizing Your Tax Records
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! It’s organizational time with our overworked Bookkeeper Mensch, Paul Rosenblum. He’s not taking breaks these days but he did make time to share the importance of archiving documents with you in this episode. Remember, the IRS requirement is to retain readable receipts for seven years. But how? In order to show you, Paul explains how he has used both a paper and digital filing system to stay IRS organized. Keeping meticulous record-keeping can help you avoid issues during audits. You may think that you don’t have time to keep your business records this organized BUT but Paul stresses that not making the time can cost you a lot, both in time and money. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, December 07, 2023
Small Business-Life Balance
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Each small business decision is like a snowflake gently falling into place and so in this podcast episode, our resident bookkeeping mensch, Paul Rosenblum, invites listeners into the winter landscape of his 30-year entrepreneurial journey. He has skillfully navigated the frosty terrain, sculpting a business niche that mirrored the uniqueness of snowflakes – tailored to smaller companies, each with its distinct 'personality.' Paul delves into the challenges of setting hourly rates, akin to choosing the right type of snow for a specific snowman. As he maneuvers through the complexities of small business time and financial decisions, he shares insights that sparkle like sunlight on fresh snow. The satisfaction of nurturing business growth is a delicate dance of aligning financial considerations with ethical responsibility in this wintry business world. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, November 16, 2023
Common Small Business Bookkeeping Mistakes
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Our resident bookkeeping mensch, Paul Rosenblum, serves up a Thanksgiving feast of small business bookkeeping insights emphasizing a blend of careful planning, thoughtful choices, and a dash of seasoned expertise. Just as a Thanksgiving table is laden with diverse dishes, Paul explores the buffet of challenges faced by entrepreneurs, from juggling multiple credit cards like a variety of side dishes to navigating the international tax landscape as if it were a global Thanksgiving spread. And much like navigating which family pumpkin pie recipe to use each year, Paul emphasizes the importance of making informed choices when deciding between filing a joint or separate tax return. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, November 02, 2023
1099 Reporting Changes
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! The IRS's plan on tracking digital payments from Zelle, Venmo, and PayPal has been as unpredictable as winter weather. In 2022, they announced a change of automatic 1099’s for $600 or more but then postponed implementation. Our resident bookkeeping mensch, Paul Rosenblum, bundles us up and gets us ready for the cold winter of 2023’s tax season by breaking down what the hold up is on this 1099 change and how you can prepare for any potential confusion (and even the Mensch is a little confused about implementation). Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, October 19, 2023
Becoming a bookkeeper
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! In this podcast episode, our resident bookkeeping mensch, Paul Rosenblum, is like a jazz musician setting the stage by opening up about the reasons behind why he's sharing this content for free. He discusses his late start in bookkeeping and how he's embracing this groove. Paul's driven by the desire to pay it forward, echoing the spirit of jazz mentorship, teaching QuickBooks in a unique way, addressing the absence of tax education in public schools, and focusing on the importance of accurate, thorough bookkeeping. This podcast is his personal serenade to the audience (YOU!), and as he looks to the future. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, October 05, 2023
Accounts Receivable's Messiness
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Managing Accounts Receivable in a business is like being an owl in the nighttime forest. Just as an owl keeps a watchful eye on its surroundings to catch prey, a business owner or bookkeeper must vigilantly track their Accounts Receivable to ensure that money owed by customers is collected. The owl's keen vision allows it to spot movement in the dark, and similarly, aging reports and financial tools help businesses spot overdue payments. Just as an owl's ability to hunt affects its survival, effectively managing Accounts Receivable is crucial for a business's financial health, ensuring it thrives in its own financial ecosystem. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, September 21, 2023
Navigating small business debt
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Starting a new business often means dealing with debt, but fear not, our trusty bookkeeper mensch, Paul Rosenblum, is here to guide you through the labyrinth of Accounts Payable. It may not sound thrilling at first, but when you step into Paul's world of bookkeeping tales, you'll be in for a wild ride. Get ready to be amazed (or maybe shocked) by the financial antics of small business owners as they navigate the treacherous waters of credit cards and loans. And, of course, Paul will serve up some sage advice to steer you in the right direction because he's got your back! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, September 07, 2023
A Bookkeeper's Tax Insights
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! It’s almost Labor Day so are you ready for tax season? That’s right. For hard working bookkeepers like our resident bookkeeper mensch, Paul Rosenblum, tax season starts now. Not in January. Paul admits that his impending hustle has him in list mode. So he’s prepared a starting list of things you as a bookkeeper or small business owner can do to keep your sanity during your own tax preparation. He covers essential tasks such as organizing subcontractor forms, reconciling accounts, analyzing profit and loss reports, and strategic tax planning. Have a listen for practical tips, timely advice, a touch of bookkeeping humor and a glimpse into Paul's unwavering commitment to his craft, all while he navigates the intense lead-up to tax season. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Bonus · Thu, August 31, 2023
The (Not Boring) Non-Episode
It's a few days before Labor Day and our bookkeeper mensch wanted to release this short extra episode and push back the next regular episode of the series to a few days after Labor day! So,this short episode is making some brief announcements! Please follow Paul on Linkedin! Have a great Labor Day! 📨 Email : bookkeepermensch@gmail.com 😎 Facebook Group: https://www.facebook.com/groups/1369500880642319 💸 Paul's website: https://bookkeepermensch.com/ 🎧 Podcast production services: Coffeelike Media: https://www.coffeelikemedia.com/ 🎵 Music: SourceAudio: https://www.sourceaudio.com/
Thu, August 17, 2023
A Creative Entrepreneur's Journey
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! H ave you always dreamed of owning your own business? Sara Foldenauer of Sets By Sara did. But that doesn’t mean it was a simple, easy path. In this conversation, our resident Bookkeeper Mensch, Paul Rosenblum, chats with Sara, a set designer of 17 years, about her entrepreneurial story. Sara and Paul both share insights on the challenges and rewards of being self-employed, emphasizing the value of hard work, building relationships, and finding a reliable team (including a trustworthy bookkeeper and accountant, of course). They also delve into the complexities of managing finances and the practicalities of the freelance industry. Throughout the conversation, they highlight the ups and downs of entrepreneurship and the personal growth it entails. You’ll want to check out Sara Foldenauer’s website after this conversation for sure! https://www.setsbysara.com/ Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, August 03, 2023
Bookkeeping is a marathon
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! In this candid and insightful solo episode, our resident bookkeeping mensch, Paul Rosenblum, delves into the all-too-familiar scenario of taking on a new client with a chaotic financial situation. With a wealth of experience, Paul not only recounts intriguing tales of successfully tidying up messy books but also highlights how a diligent bookkeeper can uncover potential savings for the client. Throughout the episode, he skillfully emphasizes the collaborative relationship between bookkeepers and tax accountants, ensuring everything falls into perfect order. So, whether you're a fellow bookkeeping professional or a business owner seeking financial clarity, this episode offers valuable lessons and a glimpse into the expertise of a true bookkeeping mensch. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, July 20, 2023
Bookkeeping Relationships
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Early on in his career, our resident bookkeeping mensch, Paul Rosenblum, realized that he was not a traditional bookkeeper. Although he was attracted to the orderly nature of bookkeeping, he was also a person who didn’t think highly of customer service in general. So it made sense for him to spend time on tasks that let him build client relationships in a very Paul- like way. In this podcast episode he shares the non-traditional business practices that have helped his business thrive AND also let him feel good about himself as a human. Building these connections have fostered client loyalty, have set him apart from the competition, and ultimately have led to long-term success in the customer service-driven field of bookkeeping. And he’s never had a problem sleeping at night, except during tax season when there aren't enough hours in the day! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Thu, July 06, 2023
Computerized Bookkeeping Errors
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Paul has a burning desire to share the 5 most common errors made in computerized bookkeeping in general (not just in QuickBooks). Why? Because while computerized bookkeeping continues to grow in popularity, software updates within these programs don't always happen as quickly (if ever!) Paul’s pet peeves, err– I mean common errors include mishandling deposits from downloaded transactions, misaligned chart of accounts, and more. Avoiding these errors is crucial for maintaining accurate financial records. So have a listen so that you know how to use your bookkeeping software correctly. Who knows, you might even impress your bookkeeper with your new skills after making these adjustments. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Wed, June 21, 2023
A Bookkeeper's Adventure
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Join our resident bookkeeping mensch, Paul Rosenblum, on a delightfully wacky adventure as he unravels the tale of how he stumbled into the captivating world of bookkeeping. Prepare to be amused as he recounts the many unexpected jobs and teaching positions that peppered his journey. With a penchant for embracing great opportunities, he'll take you on a rollercoaster ride through the fascinating and diverse experiences that have shaped his quirky yet fulfilling career. So buckle up and get ready to laugh, as he blends humor and numbers in a way that only he can. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Wed, June 07, 2023
Bank Account Balances and Net Profit
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! In this episode, our resident Bookkeeping Mensch, Paul Rosenblum, tackles the common dilemma of the mismatch between bank account balances and net profit in profit and loss reports for businesses. He faces this issue head-on by providing practical solutions to bridge the gap. From explaining the impact of personal expenses and non-deductible transactions on the bank account balance but not the profit and loss, to discussing the complexities of accrual accounting and the importance of adjustments made by accountants or tax preparers, Paul equips you with actionable strategies to reconcile your financial statements effectively. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Wed, May 24, 2023
Unveiling the Tax Audit Maze
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! This episode will empower you to maintain accurate records and stay on the right side of the IRS. Prepare for an enlightening episode as our resident Bookkeeping Mensch, Paul Rosenblum, pulls back the curtain on tax audits. Discover the meticulous process auditors follow to ensure a perfect harmony between 1099’s and financial records. Even the slightest discrepancy can cause tax liabilities but Paul is here to make sure you know enough to keep this from happening to your business. You’re in good hands! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Wed, May 10, 2023
Navigating Entity Changes
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Dive into the process of changing the entity type of an existing company, specifically from a corporation to an LLC or vice versa with this info packed episode. Paul highlights the various implications of such a change, including alterations to tax forms, bookkeeping practices, and partner payment structures. Listeners gain valuable insights into the meticulous accounting work involved in zeroing out assets, transferring balances, and ensuring accurate records. The episode emphasizes the importance of seeking multiple professional opinions and offers practical recommendations based on different business scenarios. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Mon, November 28, 2022
A case study: Let's make a profit!
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! If you are looking at your monthly Profit and Loss report and not showing a profit or want to increase your profit, listen to this episode! Every business is different but get some ideas on how do increase your profit! Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Wed, August 03, 2022
Chart of Accounts
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! The chart of accounts is the backbone of your accounting system. This episode discusses how to create a Chart of Accounts that benefits the company and satisfies your tax preparer. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Fri, July 29, 2022
W2 or 1099: A closer look
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! This episode is a continuation of the conversation from Episode 5 about W2 vs 1099 Sub-Contractor, and a closer look into the two options Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Sat, July 16, 2022
W2 or 1099...The Question That Haunts Business Owners
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! One of the first thing that is looked at in state or federal audits is 1099's that you sent out to subcontractors. Here are the rules about W-2 employees vs 1099 contractors. This episode will keep you out of possible trouble with the state or the IRS if looked at by them. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Wed, June 15, 2022
Accrual vs Cash-Based Accounting
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! A very important subject. Is your accounting and taxes done in the Accrual method or in the cash method? This episode discusses the differences between them and how it affects bookkeeping entry. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Wed, June 01, 2022
Accounting Software
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Desktop software or Online software? This is the first question. If online software, which edition of whatever software you decide on should you get? This episode discusses accounting/bookkeeping software and how to decide what to use. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Sun, May 15, 2022
Types of Entities
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! There are different types of entities a company could have. Here is an episode explaining what they are and the pros and cons of each. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Sat, April 30, 2022
Start Up Expenses
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! What are 'Startup Expenses' and should they be entered into a bookkeeping system as expenses or another category? Learn what 'Startup Expenses' are and how important they are to a professional set of books as you starting your business before your first sale. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com ----------------------------------------------------------------------- UPCOMING WEBINARS: ✅ Online Level 2 (April 3rd): https://accompanycapital-org.zoom.us/webinar/register/WN_FnnypMcwQNWHR_d4PQ6iAg
Trailer · Wed, April 27, 2022
Bookkeeping is much more than numbers
🦉 Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! Small business bookkeeping goes well beyond the numbers, it's about the relationships. This includes bookkeepers and small business owners but also accountants, CPAs and others. These relationships are often overlooked but not here. On the podcast we're focusing on what matters: the connections that make the business thrive. Support the show 😄 Send Paul a message. (add your email for a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms 🎧 Production & Marketing Assistance: https://www.coffeelikemedia.com/ 💸 Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/ 📨 Email: Bookkeepermensch@gmail.com
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