Booksmarts

read moreBookSmarts™ is unique - both New and experienced. What began more than 20 years ago as a seasonal tax return service specializing in electronic tax filing - called TaxTech™ - has now evolved into a year-round small business monthly accounting, payroll, bookkeeping and tax service that specializes in the only bottom line that matters: Your business. And our heritage of leveraging technology is well intact - that's what helps us provide a great service at competitive prices. Our unique Small Business-oriented Mission, Vision and Values ensures that nobody can do what we do.

read moreIf you own a small business, then you know all the financial issues that you have to work through - cash flow, loans, profitability, payroll, goal setting, team management, etc. And if you are like most Small Business Owners, you don't have many people with whom you can talk things over. At BookSmarts, we know about all these things. Not only do we see the inside of 100's of successful Small Businesses and their Owners, we can share with you what successful Small Business Owners do and we can also help you avoid the common pitfalls that most Small Businesses encounter.

read moreYour BookSmarts™ professional isn't some hired-hand who disappears when the tax season is over. You get a dedicated, trained tax professional. Fact is, our small business customers have come to expect cost-efficient tax preparation where they get more in return. By investing in qualified small business (QSB) stock, you can diversify your portfolio and enjoy two valuable tax benefits: 1. Tax-free gain rollovers. If within 60 days of selling QSB stock you buy other QSB stock with the proceeds, you.

read moreWouldn't it be nice to reduce your payroll concerns to simply replying to our email or phone call with the worker's information? That's what we provide. With PayrollSmarts (a BookSmarts product), we provide the highest level of payroll service of any service. Most other payroll services don't call you and ask if you're running payroll when you forget to call it in. Not us, we do more than not letting you forget. We do it all. And maybe you can make some room in the back of your mind for something else every 2 weeks.

read moreIf you have a large capital gain this year from an investment, it may be advisable to hold onto the investment until next year to put the gain into next year's taxes. You may also want to sell off any investments that you have that are losing value at the moment to claim your losses. The interest gained from state and local bonds is usually exempt from federal income taxes. These investments generally pay back at a lower interest rate than commercial bonds of similar quality. Since Treasury Bonds are similarly exempt from state and local income tax, they can be a particularly good investment for those who are in high tax brackets and live in high-income-tax states.

read moreDon't feel bad if you don't have these answers - many of our new clients don't have answers. But all of our repeating clients do. If you're a Small Business owner and you have an accountant, they're probably doing what they are supposed to do - manage the receivables and payables, prepare reports, and tell you how much you owe in taxes. But what good is your accounting if we can use it a basis for more informed decision making? Shouldn't your business' books be the bedrock supporting a lucrative and thriving enterprise.

read moreInformation and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice, or supplement the advice of a professional advisor. There is not and can not be a guarantee of their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You are encouraged to seek personalized advice from qualified professionals regarding all personal finance issues.