SoCo Business Solutions

Exciting news! 🎉 Maureen and Heather will be attending Intuit Connect at the Aria Hotel in Las Vegas from October 28-30! Formerly known as QuickBooks Connect, this conference is a fantastic opportunity to expand our knowledge and discover the latest Intuit features, vendor offerings, and business strategies.

This year’s keynote speaker will be the one and only Magic Johnson! 🏀 Last year, we enjoyed hearing from Ryan Reynolds on topics ranging from his soccer team to his upcoming Deadpool movie. We’re looking forward to another incredible experience and to bringing back fresh insights to better serve our clients.

Stay tuned as we share our journey at ! ✨

At SoCo Business Solutions, we’re not just about numbers—we’re about empowering your business with the tools to succeed. 💼 Our expert bookkeeping and payroll services are designed to give you peace of mind, so you can focus on what you do best. Discover the SoCo difference today!

Your financial books are more than just numbers—they tell the story of your business’s journey. 📚✨ At SoCo Business Solutions, we’re here to ensure it’s a story of success and growth. Proud to support small businesses with expert bookkeeping services that make a difference.

https://socobusiness.com/payroll/7-benefits-of-outsourcing-your-payroll/

Check out our first blog post about how hiring SoCo Business Solutions to do your payroll can expand your small-to-medium sized business!

🌥️ Mastering Cloud Computing in QuickBooks: Top Tips for Your Business 🌥️

Hey everyone! 📊 If you're using QuickBooks for your business, leveraging its cloud computing feature can save you time and streamline your accounting process. Here are some quick tips to get you started:

Stay Connected: Link your bank accounts and credit cards to QuickBooks for real-time transaction updates. No more manual entries!

Go Paperless: Upload your receipts directly to QuickBooks. The app will automatically categorize and process them for you.

Collaborate Easily: Invite your accountant or team members to work with you. Go to "Manage Users" and add them by email. It's that simple!

Access Anywhere: Download the QuickBooks mobile app to manage your finances on the go. Perfect for busy entrepreneurs!

Regular Backups: Although QuickBooks backs up your data automatically, it’s a good idea to export important data periodically for extra peace of mind.

📱💻 By following these tips, you can make the most out of QuickBooks' cloud computing features and keep your business running smoothly. Have any questions or need more advice? Drop them in the comments below!

As we revel in the festivities, let's also reflect on the principles of freedom and unity that bind us together as a nation. Embrace the spirit of Independence Day by fostering understanding, promoting inclusivity, and actively contributing to the well-being of our diverse communities. Whether through small acts of kindness or participating in local events, let us reaffirm our commitment to the ideals that make our nation strong.

Streamline your bookkeeping with QuickBooks Online! Manage finances anytime, anywhere. Secure, affordable, and real-time updates. Learn more: https://socobusiness.com

Starting a business and unsure where to turn for your bookkeeping needs?


Soco Business Solutions makes it easy with our Starter Kit, ideal for startups, sole proprietors, and LLCs in their first 12 months of business.

What's included:
1-2 bank accounts
1-2 credit card statements
Quarterly reconciliations
Quarterly financial reports
Document collection and storage
QuickBooks® Online software and setup included
Optional payroll services

Get started today and let us handle your bookkeeping so you can focus on growing your business!

This Memorial Day, let us honor the fallen by actively engaging in acts of remembrance and gratitude. By doing so, we ensure that the spirit of Memorial Day goes beyond a mere day off, becoming a meaningful tribute to those who gave everything for our freedom.

SoCo Business was established by Maureen Sittig, a Financial Consultant and Senior Instructor with expertise in QuickBooks® software. As a QuickBooks® ProAdvisor and a member of the American Institute of Professional Bookkeepers (AIPB), Maureen brings over 19 years of experience in consulting and instructing small businesses on utilizing QuickBooks® software effectively. Before venturing into financial consulting, Ms. Sittig gained valuable experience in the financial industry. She holds a finance degree from Texas A&M University.

Contact Maureen today to find out how SoCo Business Solutions can help your business. 512-923-1575

Happy Birthday, Darleen, from all of us at SoCo Business Solutions!

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THINKING ABOUT CREATING A HOME OFFICE FOR YOUR BUSINESS?

Discover the perks of a home office and take advantage of these 10 tax deductions:

1) Home Office Deduction: Deduct a portion of your home expenses, like rent or mortgage interest, utilities, and property taxes, based on the percentage of your home used for business.

2) Office Supplies: Deduct the cost of supplies like paper, ink, pens, and other office essentials.

3) Furniture and Equipment: Deduct the cost of furniture and equipment used exclusively for your home office, such as desks, chairs, computers, and printers.

4) Internet and Phone Expenses: Deduct a portion of your internet and phone bills if used for business purposes.

5) Business Insurance: Deduct the cost of business insurance, including liability and property insurance for your home office.

6) Utilities: Deduct a portion of your utility bills, including electricity, heating, and cooling, based on the square footage of your home office.

7) Home Repairs and Maintenance: Deduct expenses for repairs and maintenance related to your home office, such as painting or repairs to your office space.

8) Depreciation: Deduct a portion of the cost of your home over time through depreciation, based on the percentage of your home used for business.

9) Software and Subscriptions: Deduct the cost of business-related software and subscriptions, such as accounting software or online services.

10) Professional Services: Deduct expenses for professional services related to your business, such as legal or accounting fees.

Be sure to consult with SoCo Business Solutions to ensure you're eligible for these deductions and to maximize your tax savings.

REASONS WHY HIRING A BOOKKEEPER IS ESSENTIAL FOR THE SUCCESS OF A SMALL BUSINESS:

Tax Compliance
Tax compliance is essential for business success, and a skilled bookkeeper ensures accuracy in financial records to meet tax regulations. They maintain up-to-date records of income and expenses, minimizing tax liabilities while maximizing deductions. With their expertise, businesses stay compliant with tax laws and take advantage of available incentives.

Ready to streamline your business finances?
Contact SoCo Business Solutions today for expert bookkeeping services!

Stepping toward a greener business? Find out how to create a small business sustainability plan in 5 steps and with the help of a free downloadable template.

How to develop a small business sustainability plan | QuickBooks

SoCo Business caters to small and medium-sized businesses in a variety of industries and offers a variety of packages to fit your bookkeeping needs.
One of our packages that's Perfect for small established LLC and Corporation businesses look to maintain financials:
In Business Package
• 3-5 bank accounts
• 3-5 credit card statements
• Monthly reconciliations
• Monthly financial reports
• Document collection & storage
• QuickBooks® Online software & setup included
• Accounting software & setup
• Full AP & expense management
• Payroll services optional

Interested in learning more? Call Maureen at 512-923-1575

REASONS WHY HIRING A BOOKKEEPER IS ESSENTIAL FOR THE SUCCESS OF A SMALL BUSINESS:

Financial Reporting
Bookkeepers diligently compile and analyze financial data to produce timely and precise reports. These reports offer crucial insights into various aspects of the business's financial health, including revenue, expenses, profitability, and cash flow. By presenting a comprehensive overview of the business's financial performance, they empower decision-makers to make informed choices that drive growth and sustainability.

If you're a small business owner seeking to optimize your financial management, don't underestimate the importance of accurate and timely financial reporting. Consider partnering with SoCo Business Solutions. We can expertly handle your financial data and provide insightful reports tailored to your business's needs.

Contact us today to learn how our bookkeeping services can support your business's financial well-being and facilitate informed decision-making. Don't wait—take the first step towards financial clarity and success!

REASONS WHY HIRING A BOOKKEEPER IS ESSENTIAL FOR THE SUCCESS OF A SMALL BUSINESS:

Accuracy!
Bookkeepers are trained to ensure accurate recording of financial transactions, reducing the likelihood of errors and providing you with peace of mind. By entrusting your financial records to a skilled bookkeeper, you can focus on other critical aspects of your business without worrying about bookkeeping tasks. With their expertise, they can also offer valuable insights into your company's financial health, helping you make informed decisions for future growth.

Don't let inaccuracies or oversights hinder your progress – take proactive steps today to secure the financial integrity of your business. Reach out to us now and let our experienced bookkeepers handle your financial records efficiently, allowing you to navigate the complexities of business with confidence and clarity. Your success starts with accurate financial management – contact us to get started!

® # NorthCarolina