Bestie Bites - 30: Jenny Schnurr Demystifies Small Business Accounting

Small Business Bestie

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Unlock the secrets to successful bookkeeping for your small business with our special guest, Jenny Schnurr, from Accounts by the Book. Jenny shares her expertise on the transformative power of collaboration over competition, urging business owners to harness the wealth of opportunities available for growth. Listen as we explore how detailed financial insights beyond tax filing can revolutionize your decision-making process and propel your business to new heights! 🔓🎉
Throughout this enlightening conversation, we unravel the complexities of accounting, making it accessible for all. Learn about how to spot accounting red flags and take control of your financial records with confidence! From negative balances to high accounts receivable, we provide practical advice for navigating these challenges. With QuickBooks and other tools at your disposal, you’ll gain the skills needed to interpret financial statements and ensure the financial health of your business amidst the changing landscape of virtual payments and paper checks. 💸✅
Lastly, we tackle the ever-important topic of business expense deductions and the nuances that come with them. Whether it’s debating the legitimacy of writing off massages or tracking business mileage, we emphasize the importance of understanding IRS guidelines to avoid costly mistakes. Discover how to optimize your deductions and appreciate the balance between tax savings and public contributions. With Jenny’s guidance and our shared passion for supporting business growth, you’ll be equipped to maintain compliance and focus on what truly matters—growing your business.📊🥳
Keep up with Jenny! 🩵
Instagram- @accountsbythebooks
Facebook- Accounts By the Book
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Check out Cultivate Accounting
Small Business Bestie is edited by Bourbon Barrel Podcasting

Chương

1. Bestie Bites - 30: Jenny Schnurr Demystifies Small Business Accounting (00:00:00)

2. Bookkeeping for Small Businesses (00:00:17)

3. Identifying Accounting Red Flags (00:10:02)

4. Business Expense Deductions and Guidelines (00:22:26)

5. Optimizing Business Mileage Deductions (00:32:15)