Sheri-Lynn Fournier
Get To Know Your Financial Reports: The Balance Sheet
The balance sheet is a financial report that’s loaded with information, yet often overlooked by business owners who want to know How much...
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The FABS Ledger
Sheri-Lynn Fournier
Jan 17, 20183 min
Choosing the Right Tax Preparer for Your Business
It’s that time of year again and many business owners are looking to their tax preparer to help them file their tax return, reduce their...
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Sheri-Lynn Fournier
Dec 8, 20173 min
Preparing your Business for Bad Winter Weather
Winter is upon us, and here in New England, that means snow and ice are just around the corner. Severe snow and ice storms, which can cut...
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Sheri-Lynn Fournier
Sep 27, 20173 min
Three Major Time Wasters for Business Owners
Time Management = Cash Management We’ve all heard the saying “Time is Money.” This is especially true when it comes to running your own...
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Sheri-Lynn Fournier
Aug 28, 20172 min
3 Bookkeeping Tasks You Should Automate
Staying on top of your bookkeeping and knowing where your finances stand is one of the keys to running a successful, thriving business. ...
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Sheri-Lynn Fournier
Jul 17, 20173 min
4 Things to do This Summer to Make Tax Time Easier
Summer is not the time when most business owners are thinking about taxes. We tend to be more focused on vacations, barbecues, beach...
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Sheri-Lynn Fournier
Jun 9, 20173 min
Are You Enjoying a Hobby or Running a Business?
Many successful businesses began as a hobby and grew to be a business. But some businesses also become hobbies. Why? Because their owners...
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Sheri-Lynn Fournier
May 11, 20173 min
4 Professional Services Your Small Business Should Outsource
Are you spending so much time and energy trying to be an expert in every aspect of your business that you aren’t enjoying the benefits of...
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Sheri-Lynn Fournier
Mar 10, 20172 min
The Difference Between Bookkeepers, Accountants, and CPAs
The terms bookkeeper, accountant, and CPA are often used interchangeably and frequently cause confusion to those not in the financial...
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Sheri-Lynn Fournier
Feb 9, 20173 min
Records You Should Keep for Your Business Taxes
If you’re like most business owners, you’ve started boxing up files, paperwork, and payroll records for 2016 to make room for what will...
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Sheri-Lynn Fournier
Jan 12, 20172 min
Stop Wasting Time on 1099s
It is that time of year…Small business owners all over the country are spending time gathering information from their vendors and...
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Sheri-Lynn Fournier
Dec 20, 20162 min
Holiday Related Business Deductions
Accounting guidelines for holiday parties, gifts, and bonuses ‘Tis the season for giving. During the holidays, many businesses reward...
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Sheri-Lynn Fournier
Oct 5, 20162 min
1099-MISC Confusion – Deciphering the Rules
In recent years there have been some significant changes to the rules regarding issuing a 1099-MISC Form. It used to be easy. If you...
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Sheri-Lynn Fournier
Sep 26, 20162 min
Changes in 2017 – W2 & 1099 Filing Deadlines
You may think that you don’t have to worry about the filing deadlines for your W2s or Form 1099s because you have a payroll company...
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Sheri-Lynn Fournier
Aug 9, 20162 min
Are You Ready for the New Overtime Rules?
On December 1, 2016 new overtime rules go into effect for salaried employees. Wait, salaried employees don’t get overtime, right? Not...
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Sheri-Lynn Fournier
May 16, 20164 min
Your Checkbook Lies to You (Or at Least Doesn’t Tell You Everything)
Over the years when I’ve spoken with sole proprietors & independent contractors about their bookkeeping system, there have been a few...
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Sheri-Lynn Fournier
May 2, 20163 min
Mixing Funds Can Make A Sour Cocktail
If you’ve read even one “Bookkeeping For Small Business” article or blog post you know that the one of the first pieces of advice is to...
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Sheri-Lynn Fournier
Mar 21, 20163 min
Refining Your Filing
If you are like most small businesses, you have two sets of files going through March. Last year’s files are still in your cabinets and...
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Sheri-Lynn Fournier
Feb 9, 20162 min
New IRS “Help” Initiative for Employers Struggling with Payroll Tax Payments
I’ve encountered it a few times over the years. I meet a business owner and he or she are in a terrible position. They had experienced...
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Sheri-Lynn Fournier
Jan 19, 20163 min
Who Should Get a 1099?
It is that time of year again, Form 1099s are being worked on, many may have already been sent. So, if you are a new business owner, or...
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