How Job Costing Can Lower Your Expenses and Costs

¬†Dear Dangerously in Love with Your Finances, Our business – a small, artist-owned company that builds custom furniture in Pennsylvania – has financial growth challenges. We cannot seem to get to the next level of consistent positive cash flow. Expenses and costs are extremely high; however, this is not unusual in the custom design industry. … Read more

What is the difference between Form 1099-Misc and Form 1099-NEC?

Question: Dear Dangerously in Love with Your Finances, I am the owner of a web design agency located in Ohio. In addition to myself, I have five full-time employees and seven independent contractors.¬† As the owner, I try to stay abreast of the changing rules and regulations that affect my industry and federal and state … Read more

Should I hire an in-house bookkeeper?

Question: I am the owner of a growing media firm with ten employees. We gross about 2.5 million a year. We are currently outsourcing our bookkeeping; however, I am seriously thinking about bringing in an in-house bookkeeper due to our rapid revenue growth. Is this a good idea? Any help or ideas that you may … Read more