Accountant or Bookkeeper?

Accountant or Bookkeeper?

What is the difference between a bookkeeper and an accountant? A bookkeeper handles the day-in day-out financial record keeping and reporting. An accountant specializes in business accounting services, such as the preparation and filing of taxes. Having a good...
Outsourcing Bookkeeping Services in New York

Outsourcing Bookkeeping Services in New York

Bookkeeping for Small Businesses Outsourcing Bookkeeping Services in New York- Many small businesses don’t have enough work for a full-time bookkeeper so they often resort to part-time bookkeepers. In most cases, these part-time bookkeepers are not accounting...
Upcoming Deadlines For 2015

Upcoming Deadlines For 2015

Every year the Internal Revenue Service, requires specific forms to be filed and information to be reported. Heartfelt CFO and Tax Services, servicing New York City and Long Island, caters to both small businesses and larger corporations. Our bookkeeping...
4 End of Year Pointers

4 End of Year Pointers

4 End of Year Pointers- We need to take the time to do some tax planning so we can be ready for the tax deadlines in the spring. Here are some tips to help close out your small business for the year:   Review subcontractor data. Make sure you have your...
Where can your business cut costs?

Where can your business cut costs?

Professional Bookkeeping Advice For Cutting Costs Where can your business cut costs? Small changes can help reduce expenses and improve profitability which can help prevent more painful cuts later on. Some tips will save you more money than others, but the result of...
The Importance of Classification in Accounting

The Importance of Classification in Accounting

The Importance of Classification in Accounting – Your company’s Bookkeeping system is vital to your business. It is not only the best way to manage your money but the information is also important for generating accurate financial statements and for preparing...