TAX EXTENSIONS DEADLINE

TAX EXTENSIONS for 2023 are due October 15, 2024 - Deadline to file your extended 2023 tax return to avoid possible penalties. Silicon Harbor can h...
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Asset Management

When recording a new vehicle on the balance sheet, you'll need to consider several aspects to ensure accurate accounting. Here's a step-by-step guide:...
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How to hire a good bookkeeper

How to hire a good bookkeeper Hiring a bookkeeper can be a great way to take the burden of managing your finances off your shoulders, but it's impo...
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IMPORTANCE OF BOOKKEEPING

IMPORTANCE OF BOOKKEEPING Bookkeeping is the systematic recording and organizing of financial transactions in a business. It's a crucial part of the...
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Quarterly Estimated Tax Payments

Quarterly estimated tax payments are payments made to the IRS and, in some cases, to state tax authorities, on a quarterly basis to cover your tax lia...
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What is an Emergency Fund?

What is an Emergency Fund   An emergency fund is a savings account that is set aside specifically for unexpected events or emergencies. It's...
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What are allowable expenses?

What are Allowable expenses?   Allowable expenses are the costs incurred by a business that are considered to be normal and necessary for its...
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