Best Tax Moves to Make in 2018

Tax Day may not be until April, but smart individuals and business owners know that the fourth quarter of the year is the time to lay the groundwork for a great 2019. Contribute to a tax-advantaged retirement  account From Roth IRAs to 401(k)s, the earlier you start putting money aside in a retirement account, the better. Adding funds now makes … Read More

How to Use a Customer Statement to Get Paid Faster

Many businesses rely on invoices to get paid. If your business is one of them, you probably know the frustration of late customer payments. QuickBooks Online makes invoicing easy, with tools that let you: Send electronic invoices by email Get paid via e-check or credit card Track how long each invoice has been unpaid Send payment reminder emails But there … Read More

If You’re Not Using QuickBooks Online, Here’s How You’re Missing Out

Some people look forward to their business accounting. Those people use QuickBooks Online. Don’t believe us? Read on.  So, you’re not a QuickBooks Online user. That’s okay – we’re not here to judge. Maybe you feel like you don’t have time to learn a new software system. Or maybe you’re doing just fine with your current setup and see no … Read More

The Benefits of Working with a Legal Industry Accounting Expert

We’re continuing on the topic of industry specialization this month. As you may know, Gibbons & Gibbons specializes on working with professional services providers, particularly law firms. We took a look at an article by Michael J. Nathanson and Stephen R. Stelljes of The Colony Group, entitled Specializing on Specialists: Financial Planning for Lawyers, in which the authors make the … Read More

4 Ways QuickBooks Online Can Make Your Company Stronger

QuickBooks Online is more than an online accounting tool. It’s a gold mine of information that can shape your company’s future success. What are your business goals for this year? If you’re like many small business owners, your list of goals likely includes at least one of the following: Improve cash flow, and end the feast-or-famine cycle Strengthen your company’s … Read More

Why Your Law Firm Needs a Specialized Accountant

  The legal industry is unlike any other. Does your accountant have the specialized experience you need? At Gibbons & Gibbons, we’re focused on providing expert accounting and business advisory services to professional services firms, with particular expertise in serving law firms. Specializing in a particular type of company, and defining an industry niche, enables us to provide the best … Read More

5 QuickBooks Online Reports You Need to See Every Week

QuickBooks Online’s reports can help you monitor your business’s health, set goals, and achieve consistent growth. But there are so many to choose from. Where do you start? QuickBooks Online’s dashboard, the first screen you see when you log in, provides an effective overview of your company’s finances. It contains at-a-glance information about your recent expenses, your sales, and the … Read More

Why You Should Conduct a Midyear Business Review

How is your business doing relative to the projections you made at the beginning of the year? Maybe you’re on a path to meet or exceed your goals. Or maybe, you have some ground to make up. In either case, there is an easy way to ensure that your business ends 2018 strong. You may have heard the saying that … Read More

Do You Suffer from DOB (Dread of Budgets)? We Have Your Solution

You know you need a budget, but it’s one of those tasks that is all too easy to put off. If you don’t have a budget yet, we have good news. QuickBooks Online (QBO) has easy-to-use tools that can jump-start the process.  Having a budget is great: it can help you stay on track with your company’s income and expenses … Read More