Tips & Best Practices

Schedule C Expense Categories | Complete Guide for Self-Employed

Map business expenses to Schedule C line items. Complete guide to IRS expense categories for sole proprietors: advertising, car expenses, contract labor, insurance, and more.

15 Commonly Miscategorized Business Expenses | Avoid Audit Red Flags

These expense categorization mistakes trigger IRS audits. Learn correct categories for home office, meals, vehicle, software, and contractor expenses. Written by a tax professional.

Monthly Bookkeeping Workflow | Process Client Bank Statements Faster

Complete monthly bookkeeping workflow for accountants. Collect bank statements, batch categorize transactions, reconcile accounts, import to QuickBooks/Xero, and deliver client reports.

Categorize Expenses for Tax Season | Deduction-Ready Transaction Sorting

Prepare business expenses for tax filing. Categorize transactions by IRS expense categories, identify deductions, handle 1099 contractors, and create audit-ready records.

Separate Personal and Business Expenses | Owner Draw Categorization

How to identify and categorize personal expenses in business bank accounts. Handle owner draws, split transactions, and maintain clean books for tax compliance.