How Construction Business Owners Can Overcome Digital Hurdles
Posted by Sharie DeHart on Fri, Jan 03, 2025
Topics: Systems And Processes, QuickBooks Year End Closeout, Technology For Your Construction Company, Happy New Year, Construction Systems And Processes, Year End Tips For Construction Contractors
The Year-End Financial Checklist For Construction Business Owners
Posted by Sharie DeHart on Fri, Dec 27, 2024
As the year draws to a close, construction business owners find themselves in a critical period of reflection and preparation. The year's end is a time to celebrate past successes and an opportunity to assess financial health and strategize for the coming year. A thorough year-end financial checklist can help ensure your business is on solid footing as you move forward.
Access to the best available tools and information is vital in almost any operation but is especially crucial in the competitive construction and home service industry. To help with your year-end tasks, take advantage of our exclusive 40% discount on Bookkeeping Templates (consulting, bookkeeping review, and outsourced accounting subscriptions excluded) and Construction Accounting Academy classes now through January 6, 2025. you can use our promo code YEAREND40.
Topics: QuickBooks Year End Guide, Systems And Processes, QuickBooks Year End Closeout, Xero Year End Closeout, Happy New Year, Happy Holidays, Construction Systems And Processes, Year End Tips For Construction Contractors
Topics: The Contractors Account, Outsourced Accounting For Contractors, Systems And Processes, QuickBooks Construction Accounting, Happy New Year
The year has almost come to an end. Just a handful of things left to do. The term “Burning The Midnight Oil” comes to mind. Some things need to be done and date stamped on or before December 31 of each year or it does not count for the current year.
Payroll – Did you take any personal payroll (S-Corp) If not, it may impact your personal deductions.
IRA – 401K Making those final payments before midnight on December 31. (Do not wait until 11:59 PM)
Some plans allow you to make payments until April 15th (double check the dates– do not assume)
Topics: Happy New Year
New Year’s Day is the day to make New Year’s Resolutions and a start fresh!
It is a reset button for every Contractor business on January 1st of every year!
The previous tax year ends on December 31st.
Final expenses for December will be coming in by email or US Mail.
What to focus on to make the New Year more prosperous than ever...
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Topics: Happy New Year
Happy New Year
It’s almost the end of the year and time to decide if your employees deserve a Bonus. You may call it a
Generic Employee Bonus, Christmas Bonus, Holiday Bonus or Year End Bonus
Giving An Employee Bonus Comes Down To Cash Flow
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Topics: QuickBooks Year End Guide, Annual Tax Return, Happy New Year