Vellios Accounting

Our company is looking to hire!!!

Looking for a unique individual who would like to jump in and learn all aspects of accounting. This individual will be responsible for handling client needs from A to Z.
Such functions will be:
Entering accounting related information into accounting software, reconciliation of accounts, Inspect account books for efficiency and accuracy, prepare financial statements, direct communication with clients.
No experience necessary but some knowledge in QuickBooks is a plus.

Benefits and work flexibility available.

The end of the year is around the corner and here are some tips to help you prepare and avoid mistakes:

-Reconcile bank accounts and credit cards
-Go over accounts receivables and accounts payable
-Process physical inventory count
-Analyze financial statements
-Gather supporting documents such as year end loan and bank statements, 1099s etc..

Happy Monday everyone. It's a new week, new day, a FRESH start. Hope everyone has an amazing week.

Happy Monday Facebook family! Just a friendly reminder that the deadline to file for income tax is approaching. Time is ticking and July 15 is right around the corner. Contact us for any questions or concerns!

A great person once said "Your company is as good as its books are." Are your books good? Meet with us for a free one hour consultation.

https://www.entrepreneur.com/article/244189

Why You Can't Afford to Be Bad at Bookkeeping It's not fancy, but bookkeeping is critical to your business success.

With the news and media spreading coverage of the Corona virus there have been a lot of small business owners have been growing increasingly scared that a possible quarantine might happen. Are you prepared? Here are 35 questions you should be asking yourself to make your company anti-virus.

https://www.journalofaccountancy.com/news/2020/mar/coronavirus-business-planning-questions-23120.html

35 questions for coronavirus planning Business leaders should be proactive in putting emergency plans in place in response to the spread of coronavirus. Here’s a checklist for organizations related to employees, customers, and vendors.

Halloween isn't the only spooky season. Let Vellios Accounting help keep you protected.

Ditch the do-it-yourself bookkeeping stress. Get a real, human bookkeeper at a price you can afford-- like Kathy.

Let Vellios Account get you that fishing gear, I mean Tax return that you have been dreaming about.

Don’t fall victim to an audit, let a great team of professionals help you. Let Vellios Accounting handle your 2019 Tax Return to lower any possibility of being audited, because here “Every Decimal Counts.”

Real Clients, real testimonials

It’s that time again, every 4 year we are welcomed by a February with 29 days. As an owner of a small business we know you can be busy, so how much different can it be with an extra day a year. So, we brought you 5 ways a small Business owner can make the most out of this leap year. Vellios Accounting handles way 1 and 2 on a regular basis so you can have more free time. 😉

https://www.simplybusiness.co.uk/knowledge/articles/2020/02/5-ways-small-businesses-can-make-the-most-of-the-leap-year-2020/

You’ve got an extra 27.7 minutes a week in 2020 Get your business admin in order this leap year. With your finances and website taken care of, you'll have more time to relax. Read our top 5 tips.

"Behind every good Business, is a great accountant and bookkeeper."
That just happens to be us
Contact us today, become part of the Vellios Accounting Family


https://www.forbes.com/sites/forbeslacouncil/2019/04/08/freelancers-when-to-bring-in-bookkeeping-support/

Freelancers: When To Bring In Bookkeeping Support Today there are many options that make it easy and affordable to outsource your bookkeeping — when the time is right for your business.

Everyone wants to get that perfect body in 2020.
Thankfully for us.

Hey Facebook family!

Vellios Accounting is currently looking to hire a part time assistant.

Qualifications:

-social media savy
-detail oriented
-punctual and reliable

This is a great opportunity for students in the accounting field. If you know of anyone please send them our way.! Thank you.

In the U.S a child’s average allowance in 2019 is $120 a month. Are you overpaying your children?

Children’s average allowance in 2019: $120 a month An overwhelming 92% of American parents say it is very important that children understand how to effectively manage their money, according to a new poll conducted for the AICPA by The Harris Poll.

Business travelers who incur expenses while traveling away from home have new
per-diem rates to use in substantiating certain of those expenses and the change was made
effective on October 1st!
IRS issues 2019 to 2020 per-diem rates for traveling away from home

https://www.journalofaccountancy.com/news/2019/sep/irs-per-diem-rates-2019-2020.html

IRS issues 2019 to 2020 per-diem rates for traveling away from home The IRS issued its annual notice specifying the special per-diem rates, including the transportation industry meal and incidental expenses rates, the rate for the incidental-expenses-only deduction, and the rates and list of high-cost localities for purposes of the high-low substantiation method.

Hey Facebook friends,

We are extending our raffle to give more people a chance to win!!! SHARE THE GOOD NEWS!!!

NEW DRAWING WILL BE ON:

November 15, 2019 at 3pm.

SHARE! SHARE!!

Hey Facebook Family, we’re having a give a way at Vellios Accounting. How would you like to win a $50 Visa Gift card just in time to start your holiday shopping? Simply follow the following rules to enter for a chance to win!
1- Like Vellios Accounting on Facebook.
2- Tag 2 of your friends on this post.
Your name will be entered for a random drawing hosted on a live video on Friday November 8, 2019 at 3PM, Central Standard Time (CST)Remember, all entries must be done by November 7, 2019 at 12:00 AM Central Standard Time (CST).The winner will be contacted by message. GOOD LUCK!

Hey Facebook Family, we’re having a give a way at Vellios Accounting. How would you like to win a $50 Visa Gift card just in time to start your holiday shopping? Simply follow the following rules to enter for a chance to win!
1- Like Vellios Accounting on Facebook.
2- Tag 2 of your friends on this post.
Your name will be entered for a random drawing hosted on a live video on Friday November 8, 2019 at 3PM, Central Standard Time (CST)Remember, all entries must be done by November 7, 2019 at 12:00 AM Central Standard Time (CST).The winner will be contacted by message. GOOD LUCK!

Accounting is a necessary function for decision making, cost planning, and measurement of economic performance measurement. Are you a new business and interested in getting your finances together before the new year? Give us a call!

"A bowl of candy, a bag of treats.
A dish of tasty, sugary sweets.
Knock I do, then knock some more,
Trick or treat we call at your door." 🎃

Come join us for a sweet treat at Vellios Accounting on Oct 31st from 9AM-3PM. Happy Halloween! 👻🎃

Did you know that the main principles of accounting are summarizing, analyzing, and reporting transactions to oversight agencies, regulators, and tax collection entities?

This can be lot to keep track of, but here at Vellios Accounting, we can manage all of your accounting needs.

Let’s talk!

IRS will start accepting tax returns on Monday, January 28th! If you have any questions regarding the new tax law please schedule a consultation with us 773-271-1125.

IRS Announces Tax Season Start Date Despite Government Shutdown The Internal Revenue Service (IRS) has announced the tax season start date despite the ongoing government shutdown.

Learn the steps to finally establish your self and your business as a legit LLC!

Steps to Form an LLC Take these steps to form a limited liability company, or LLC.

With the recent government shutdown, do you know how it will affect you?

IRS can't pay out tax refunds during partial gov. shutdown -- an issue for people who need it most Tax refunds may be delayed if the ongoing partial government shutdown continues, according to the Wall Street Journal.

Every company both small and large should regularly update their books, so CEOs and managers can have the tools to make smart educated decisions.

3 Major Benefits of Updated Bookkeeping and Accounting Records Every business big and small should have regularly updated bookkeeping and accounting records so business leaders can make the right decision with a foundation in the data.

Happy New Year from the Vellios Accounting team! 😁🎊🎉

As we all know, the last few weeks of the year go by a little too fast. But we've got your back! Here's a short to do list on how to close your books for the new year.

Business Owner's Toolkit - Basic Accounting Articles | BizFilings Articles on basic accounting methods for businesses and best practices.

The tax season is approaching quickly! Call us today to find out about any tax season promotions or to just schedule a free one hour consultation 🤷‍♀️

With tax season approaching, it's time to start preparing. 👩‍💻👨‍💻

3 End of Year Tax Tips | Vellios Accounting Get Your Clients’ Charitable Contributions in Order If any of your clients plan on giving to charity before the end…

Some tips you literally can't afford to miss!

3 End of Year Tax Tips | Vellios Accounting Get Your Clients’ Charitable Contributions in Order If any of your clients plan on giving to charity before the end…

Bitcoin on the come up again? 🤔

Bitcoin Close to Overtaking MasterCard in Daily Transfers Bitcoin is close to overtaking MasterCard by the amount of value transferred daily, with bitcoin moving $8 billion in the past 24 hours while MasterCard averages $11 billion a day....

Everybody needs tips every now and then. We got your back!

4 Tax Tips for Small Business Owners | Vellios Accounting Proceed with Caution: Some Expenses are no longer deductible With the new Tax Cuts and Jobs Act coming along, more…

With Thanksgiving coming to a close and Christmas right around the corner, we'll tell you why it's never been more important to budget!

The benefits of ‘budgeting for results’ By starting with specific outcomes in mind in their budgeting process, not-for-profits can make themselves more attractive to detail-oriented, impact-driven donors.

"Companies including General Motors Co., Nike Inc. and Diageo PLC have begun using provisional versions of the standards that have been phased in since 2012"

SASB Launches Sustainability Accounting Standards A nonprofit organization on Wednesday launched 77 industry-specific sustainability accounting standards aimed at providing investors with in-depth information about the impact of a company’s actions on society and the environment.

Hey, everybody! We've got a few tips on how you can steer clear of the IRS this year. It's a quick read. Lets us know how you like it!🤓

5 Tips to Avoid IRS Audit | Vellios Accounting 1. Honestly, honesty is the best policy It might be common sense for some, but being completely truthful on your…

We bring you your cautionary tale of the day! 😱

Chicago bookkeeper pleads guilty to $24 million tax fraud scheme - Chicago Business Journal The decade-long scheme is punishable by up to five years in prison.

"Yet as technology continues to advance and further automate numerous functions, conversations turn to the prospect of human-less accounting."
We doubt this is going to be like Terminator or Cars 😂

Accounting Trends Of Tomorrow: What You Need to Know This is why human accountants should never be underrated.

Happy Halloween from our team here at Vellios Accounting! 👻👻👻