Accounting & bookkeeping

Keep transactions organized, reconcile bank and credit card accounts, and resolve discrepancies before they become year-end surprises. As the books come together, we consider the tax questions behind the numbers.

Organize vendor bills, customer invoices, missing receipts and reimbursement records. Discuss practical tracking and approval routines so the administrative details do not take over your evenings.

The more interesting side of keeping good books: connect everyday spending and owner decisions with tax opportunities worth reviewing throughout the year. Office snacks & meals: review employee-only refreshments versus food available to the public, current deduction restrictions and applicable exceptions. The Augusta rule: discuss whether a short-term rental of your home for a genuine business purpose makes sense, including eligibility, reasonable rent and documentation. PTET implications: evaluate state pass-through entity tax elections, payment timing and owner-level effects. Shareholder loans: understand who owes whom, reconcile the balance, and evaluate documented repayment or other properly supported treatment. The goal is a defensible resolution, not simply deleting a balance-sheet account. Personal use of vehicles: review business versus personal mileage, recordkeeping, reimbursement and any payroll reporting considerations. Section 179 & 100% bonus depreciation: discuss qualifying purchases, acquisition and placed-in-service timing, business-use requirements, applicable limits and state differences before you buy. Other opportunities: consider accountable-plan reimbursements, home-office eligibility, retirement contributions and employee-benefit planning. These are review topics, not automatic deductions or promises of savings.

Review your account structure, bank rules, document collection and software connections. When switching accountants, coordinate the records handoff and responsibilities without making you manage every accounting detail.