As a business owner or office manager, you’re responsible for the business’s financial integrity. To that end, a helpful guide on how to close the books and complete year-end financials for 2022 would probably come in handy. Whether you’re doing it yourself or working with an accountant, this article will help ensure that your finances […]

Tax preparation can be a daunting task for many people. From collecting the necessary information to understanding the changing tax laws, it’s easy to become overwhelmed when preparing your taxes. Fortunately, there are professional tax preparers who can help make your experience smoother and more stress-free. Let’s consider how you can maximize your time with […]

If you’re like most small business owners, you probably don’t have time to keep up with all of your bookkeeping and tax paperwork. That’s where Bayou Bookkeeping & Tax Services can help. We offer a variety of membership packages that work with a variety of business types and sizes. This post provides five reasons businesses […]

Small businesses must contend with various challenges to success. First, entrepreneurs face economic, supply chain, and regulatory compliance issues. Additionally, you must determine where and how to focus on required tasks, such as HR management, payroll, and tax services. What do these tasks entail, how much time do they require, and does it make sense […]

GAAP stands for generally accepted accounting principles. GAAP is the basis for accounting rules, policies, and procedures. While GAAP rules apply to many things, one area includes accounting procedures. In other words, businesses can choose from three main types of methods to run the business. In this post, Bayou Bookkeeping & Tax Services explains each […]

As a nonprofit, your time and resources are limited. As a result, you need to focus on your mission and serving your community, not on administrative tasks. Did you know that farming out some of your financial processes can help you free up time and energy to focus on what you do best? In this […]

Each new year brings the opportunity to take a look back and reflect on the previous year. Then, you look ahead and consider what changes to make and how to improve. The act applies to business financial strategy as much as personal choices. If you haven’t already, now is the time to wrap up year-end […]

The software is ubiquitous; still, not everyone understands all of its tools or how to use them. Small businesses and sole proprietors often choose Quickbooks as their bookkeeping solution. At Bayou Bookkeeping, we provide bookkeeping and professional accounting services. At the same time, we train business owners to navigate and use the system themselves, too. […]

Subscription-based services provide advantages for both businesses and the end-users. Even in the B2B space, monthly subscriptions continue to gain popularity due to their efficiency and predictability. In this post, Bayou Bookkeeping & Tax Service covers why the model works. Consequently, we hope this helps you determine whether the approach makes sense for your business […]