Farwah Jafri, Author at Monily

Farwah Jafri

December 9, 2024
Cloud Bookkeeping

How Does Cloud Bookkeeping Simplify Financial Management for Small Businesses?

In today’s digital world, small businesses are in for a tough time when it comes to managing their finances. Traditional bookkeeping methods are a real drag […]
October 26, 2024
What Happens If You Don’t File Taxes on Your Business

What Happens If You Don’t File Taxes on Your Business?

Running a business comes with a variety of responsibilities, and one of the most important is filing taxes. However, whether due to oversight, financial struggles, or […]
August 9, 2024
What Happens if You Don't Report Cryptocurrency on Taxes

What Happens if You Don’t Report Cryptocurrency on Taxes?

Over the last two decades, cryptocurrencies have evolved beyond what any investor would have dreamed back in the early 2000s. Digital currencies have experienced an exponential […]
August 2, 2024
shopify bookkeeping

A Detailed Guide to Shopify Bookkeeping: Best Practices for E-commerce Businesses

Picture this; you wake up on your first day as a Shopify seller. The excitement of launching your online store is in the air. You have […]
July 12, 2024
Catch Up Bookkeeping

What is Catch Up Bookkeeping? Here’s All You Need to Know!

The world of business is moving at a quicker pace than ever before, and maintaining up-to-date financial records has become more important than ever before. However, […]
June 28, 2024
W2 vs W4 A Comprehensive Guide to Employee Tax Forms

W2 vs W4: A Comprehensive Guide to Employee Tax Forms

Understanding the varying types of tax forms can leave even expert accountants scratching their heads. Two of the documents that confuse many businesspeople are the W2 […]
June 20, 2024
What is Form 8995-A

What is Form 8995-A? An Advanced Business Owner’s Guide to the QBI Deduction

For business owners looking to maximize their financial efficiency and business gains, their understanding of the tax system and its particulars is vital. One element that […]
June 14, 2024
NetSuite vs. QuickBooks

NetSuite vs. QuickBooks: A Comparative Analysis of Accounting Software

It can be quite hard to trust software to do all your accounting for you right off the bat. All new additions to your workflow take […]
May 31, 2024
LLC accounting

What is LLC Accounting? Here’s Everything You Need to Know

Starting your own business can often feel like an adventure. Setting up an LLC is akin to setting sail and taking the first step outside your […]