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Time To Close Out First Quarter Financials and Check Performance

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Time is something most people wish they had more of, and you are probably no exception. Whether personally or professionally, weeks, months, and years tend to go by faster the older you get. In terms of business, the pressure of time is felt in quotas and reporting. As you already know, the first quarter of […]

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Time to Submit Your Final Documents for Your Business Tax Return

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Do you ever feel like tax time comes around and finds you scrambling to remember what you need to gather so that your accountant can file your business taxes? At Bayou Bookkeeping & Tax Services, we understand. Therefore, we’ve compiled a list of all the final documents for your business tax return. Fortunately, these items […]

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Closing the Books: 3 Steps to Finalize Year-End Journal Entries

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Do you need to finalize year-end journal entries and close out your books, but put it off because it creates anxiety? If so, fear not. Bayou Bookkeeping and Tax Services is here to help. “Closing the books” simply means making journal entries to get your temporary accounts to a zero balance. Here’s an easy explanation […]

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Enlist a Professional for Your Year-End Financial Statements Review

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At Bayou Bookkeeping & Tax Services, we provide bookkeeping, year-end financial statements review, and tax filing services in Baton Rouge. Financial statements communicate a business’s financial health, helps lenders determine whether to loan money, and provides insight into financial operations. The three major types of financial statements include the balance sheet, the income statement, and the cash […]

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Small Business Tax Filing and 2020 End-of-Year Books

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It seems the entire global population is ready to shut the door on 2020 and move forward. The year started with impeachment, moved on to COVID-19, and gathered steam with murder hornets and civil unrest. Like you, Bayou Bookkeeping and Tax Services is ready for a new chapter. But first, we and the clients we […]

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