Our team at Numberwise uses multiple software programs. Some of those help us with our accounting clients – but we…
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What is a 1099-MISC?
Form 1099–MISC is used to report payments made to non-employee service providers. At the end of each year, you are…
Balance Sheet Basics
When a business owner reviews their “financials”, they usually jump straight to the Income Statement and ignore the Balance Sheet.…
Can I Take A Home Office Deduction?
So you’ve started your own business (hooray!) and want to know what deductions you are able to take. One of…
How Long Should I Keep My Business Documents?
3 Years Prospective employee job applications (even if they weren’t hired) Employee hiring records Employee FMLA records and all documentation…
How Long Should I Keep My Personal Documents?
1 Year Paystubs Monthly bank and credit card statements Utility bills Receipts for minor purchases (once you’ve checked them against…