Balanced Bear Blog
Welcome to Balanced Bear Bookkeeping's blog page, where we share tips, insights, and news about bookkeeping, accounting, and financial management. Our goal is to help small business owners and entrepreneurs stay on top of their finances and make informed decisions for their businesses.
When does my business need to issue a 1099-NEC?
As a business owner, financial responsibilities can be complex, especially when it comes to tax obligations. Read more in our new blog about the quick guide to common scenarios in which a 1099-NEC mi... ...more
Taxes ,business management &bookkeeping basics
January 16, 2024•2 min read
Bookkeepers vs. Accountants vs. CPAs: Unraveling the Distinctions
To ensure your business finances are in capable hands, it's important to choose professionals with the right expertise and qualifications. Read our new blog post: Bookkeepers vs. Accountants vs. CPAs... ...more
Taxes ,business management
August 10, 2023•2 min read
5 Important Things to Do After Tax Season for Business Owners
Tax season may be over, but your responsibilities haven’t ended just yet. Here are some of the best tips for keeping taxes a priority for your 365 days a year. ...more
Taxes ,business management
May 25, 2023•6 min read
Could Filing a Tax Extension Be the Right Move for You?
Having extra time to finish your taxes is often necessary if you're waiting for tax documents or if you need additional time to organize. There are both pros and cons involved with filing for an exte... ...more
Taxes
April 24, 2023•4 min read
10 Red Flags to Avoid an IRS Audit
Apart from the stress and anxiety that comes with an audit, you may also find that you have to pay large sums in penalties. Our latest blog discusses 10 common red flags that trigger an audit, so you ... ...more
Taxes
April 17, 2023•6 min read
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