Want to know how to take your clients out for a business meal and write it off? We've got you covered.

Following up on the previous Tax Season Tip, where we discussed ensuring all of your expenses are accounted for, this time we will be...

Learning how to tag your transactions in QBO can be a huge time saver. We got into how in this post.

Following up on the previous Tax Season Tip, where we discussed some deductibles that a small business owner has access to, we will next...

The origins of From Red To Black was covered in a previous blog post. To keep it short and simple: I wanted to give back some of the...

Following up on the previous Tax Season Tip, where we discussed the reason why you should prepare your profit and loss statement early,...

Myths that downplay the importance of having a bookkeeper are pretty commonplace for entrepreneurs who are just starting. Time will...

For small business owners and independent contractors, Tax Season requires some extra steps. Here's your first tip: Prepare a P&L Statement.

We talked about how prepaid expenses can be a little tricky to handle, so now we’re showing how to make adjusting journal entries and why.

The 1099-NEC & 1099-MISC can be a bit complex to fill out. Here's some advice on what needs to be reported on them.

Prepaid expenses can be a little tricky to understand if you are new to owning a business, so we’ve decided to make a simple post about it.

The final quarterly estimated self-employment tax payments are due today.

Every business has an origin story—born from an idea and the desire to make it into a reality. From Red To Black is no different.

As a reminder, the final quarterly estimated tax payments are due on the 15th of this month. For the unaware, all self-employed...

As mentioned before, business owners who use the services of Independent Contractors now have to use a Form 1099-NEC is. However, this...

“The speed of your success is limited only by your dedication and what you’re willing to sacrifice.” — Nathan W. Morris.

The arrival of the New Year also brings with it the need to issue the 1099-NEC. But do you know who needs one or who to send it to?

The new year brings with it a new dawn. And in the year 2021 we decided to be more social. What is your goal for the new year?

Assets are all the resources that your business has accumulated. But what's the difference between Current Assets and Fixed Assets?

Loans can be essential for businesses to survive. So we at From Red To Black LLC are committed to teaching you how to record them.