Person looking at information on phone while using computer

The New World of Bank Reconciliations

Here’s a look at the new world of bank reconciliations and some ideas to use to ensure your bank account is accurate. The bank reconciliation purpose In a nutshell, a bank reconciliation ensures your account is accurate. This is done by comparing all your activity with what the bank is reporting. The importance of timely

A 1099 tax form.

Make Preparations for Form 1099s This Year

Here are three tasks to consider that will make meeting your business’s information reporting requirements less stressful this tax season. Review your general ledger.  Even if you’ve already identified 1099 vendors in your payables system, review current year expenses to make sure no new or infrequent payments have been overlooked. For example, it’s easy to

A person utilizing one of the seven tips for financial wellness, budgeting.

Seven Tips For Financial Wellness In 2021

Common New Year’s resolutions are to lose weight or become more active. Perhaps 2021 is the year to shift focus. Here are seven tips to help you become more financially fit. Create a budget. It’s easy to get into financial trouble if you spend more than you earn. By watching your budget more carefully, you

A jar of money that has been gained from choosing the best savings rate.

Ideas For Better Savings Rate

Before the housing bubble burst in 2008, you could find high yield savings accounts that were paying rates over 5.0 percent. Today? These same banks are paying less than .10 percent. So where are you supposed to put your money? Is there anywhere else you can put your hard-earned cash and generate a modest return?