Thumbnail January 27, 2021
Top Accounting Functions to Outsource

Accounting functions, think you’re ready to have them be outsourced? From start-ups to well-established firms, many companies turn to outsourcing as an option to handle low-impact accounting functions. In order for companies to be successful with high-level finance strategies, it’s best to have non-core accounting tasks be handled by an efficient and cost-effective bookkeeper or […]

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Thumbnail January 25, 2021
3 Things to Know About Form 1099-NEC

What is Form 1099-NEC (Nonemployee Compensation)? The IRS is bringing back a form last used in 1982s —Form 1099-NEC, to be used beginning with 2020 information returns. The draft 2020 version of the form has been posted by the IRS to the agency’s website. Part of the rationale for the new Form 1099–NEC was that the Protecting […]

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Thumbnail January 23, 2021
Know Your Net Worth: Personal Bookkeeping & Bill Paying Services

Personal bookkeeping & bill paying services help keep your financial life on track. Do you know your net worth? It is a simple math equation. Your net worth equals your assets minus your liabilities. For those with a complex financial life, it can be a challenge to determine this calculation. You must first assign values […]

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Thumbnail January 21, 2021
Sage Consulting from Construction Accounting Experts

Need Sage Consulting Help for your Sage Construction Accounting Software? Plumb is here for your Sage consulting and training requests!  We are a Premier Sage Construction Software Partner, working with a variety of clients across the country.  Our team of Sage Certified Consultants have years of experience working with Sage 100 Contractor and Sage 300 […]

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Thumbnail January 11, 2021
QuickBooks Online: How-to Close Year-End Books

As an outsourced accounting firm with expertise in QuickBooks Online, we work with many businesses to help them close out their books for year-end. In just eight steps, first you must close your books in QuickBooks Online: You need to click the Company name (gear icon), in the upper-right-corner Select Account and Settings Go to Advanced […]

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Thumbnail January 7, 2021
Personal Income Tax Organizer: Preparing your Financials for Filing Tax Returns

Personal Income Tax Organizer, an Outsourced Recordkeeping Solution by Plumb Family CFO In this client case study, Plumb Family CFO gives an overview of the recordkeeping and accounting services that go into putting together a personal income tax organizer that streamlines year-end tracking and creates financial organization in order to file tax returns. Client: High-net-worth […]

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