Blog
Bookkeeping – What is it and why does everyone keep telling me I need it?
You add some stuff, you subtract some stuff and yay, you just bookkeeped (um no, and that is not a word). You know you need it because, well, taxes, but you don't know how to actually do it. You don't know how to take all of that adding and subtracting and use it to...
It’s Not A Dumb Idea
Hey, guess what? Whatever it is your thinking about, it’s not stupid. We all have dreams. Go chase after them! Billy Barton-Accountant started as a dream! I saw a need in our community for small businesses struggling with financial help. Before I started, much of the...
My P&L statement says I made money… but where is it?
My Profit & Loss statement says I made money, but where did it all go? Let’s break it down. Have you ever looked at your P&L and it says that your net Income is, let’s say $10,000? Then, you look at your bank account and you definitely do NOT have $10,000!...
When are my Taxes due?
I own a business. I know I have to do taxes (obviously), but when exactly do they need to be done by? Don't panic. Just because the clock struck midnight and it is now 2021, it does not mean that all things are due now! Here is a little breakdown of what is...
The Differences Between an Independent Contractor and an Employee
Knowing whether to classify a worker as an employee or independent contractor is very important when it comes to taxes and benefits. A quick rule of thumb for separating the two is to look at the work being done. If the payor can control only the result not the...
Think Outside The Box
I started this company to provide a professional service to small businesses at an affordable rate. I am able to help people gain that strong financial foundation without breaking the bank. I understand that the “traditional” way of doing something doesn’t work for...
Whether your business is big or small it all comes down to the numbers.
A Profit and Loss Statement, or a P&L (as the cool kids like to call it) is a report that tells a narrative about your business over a specific period of time. Whether your business is big or small, it all comes down to numbers! The story of your business is told...
Research Triangle 1040-Filer: How to Handle Crypto Assets on Returns
Now that we're into the first "full" week of February, things are truly heating up for us here at William, at least in terms of our communication volume. And no, we aren't replying to our emails using ChatGPT ... but I wouldn't be surprised if that happens at...
Barton’s Private Foundations as Giving Strategies
Things have certainly picked up for us here at Billy Barton-Accountant … we can already tell that we will be quite busy from now until April .Regardless, just a little bump that it would be a very good idea to get on our calendar as soon as you’re...

