Monily - Your Bookkeeping & Accounting Partner
March 23, 2024
Tax Filing 2023 Deadlines for Small Businesses You Should Know

Tax Filing 2023 Deadlines for Small Businesses You Should Know

“Death and taxes” are the two things Benjamin Franklin promised us would always be certain. However, when it comes to human nature, we can safely add […]
February 21, 2024
NetSuite Cloud Accounting Comprehensive Guide

A Comprehensive Guide to NetSuite Cloud Accounting

We already detailed in a previous blog here, what NetSuite is all about. In short, it is a cloud-based suite of management tools that, on a […]
February 19, 2024
Are Team Building Events Tax Deductible?

Are Team Building Events Tax Deductible?

There are various tax deductions and incentives that businesses can take advantage of, that help them reduce their tax liabilities. Some of these tax incentives apply […]
February 12, 2024
Do Client Gifts Qualify as Tax Deductible

Do Client Gifts Qualify as Tax Deductible?

It’s common corporate courtesy to present your clients with gifts every now and then, such as on Christmas or New Years and so on. Buying gifts […]
January 18, 2024
netsuite accounting

How Powerful is NetSuite for Bookkeeping Services?

NetSuite is a single, cloud-based platform that provides businesses with enterprise-grade tools to manage all their operations. The enterprise software company, NetSuite, known for having began […]
January 9, 2024
What’s the Difference between 1099-NEC and 1099-MISC

What’s the Difference between 1099-NEC and 1099-MISC? What’s the Deadline to File 1099s?

It’s easier to set up a business and even run it to achieve business goals, but there’s a lot more to running a business than just […]
December 19, 2023
Your Detailed Guide to K-2 and K-3 Tax Forms

Your Detailed Guide to K-2 and K-3 Tax Forms

Tax season can be a disorienting time for many, where you feel like you’re faced with an alphabet soup of forms and numbers. If you’ve heard […]
November 29, 2023
10 Reasons Your Business Needs a Full Charge Bookkeeper

10 Reasons Your Business Needs a Full Charge Bookkeeper

Construction business owners often wonder about the key responsibilities of their controller or full charge bookkeeper. They understand the basics, such as creating income statements, handling […]
November 28, 2023
What is Salvage Value, and How to Calculate After-Tax Salvage Value

What is Salvage Value, and How to Calculate After-Tax Salvage Value?

What is Salvage Value?   Salvage value is the remaining book value of something valuable (like a machine or equipment) after it has gone through wear and […]