We all have received sketchy looking emails and suspicious phone calls that may or may not be from your bank. Scammers are betting you will be so alarmed to hear from your alleged bank you will do whatever is asked. Before you fall for the latest one, read this Houston Bookkeeper’s Guide to Bank Scams. […]
We at B&J Bookkeeping & Taxes love to learn about new ways to make, save, and invest money. One such new way is in the One Big Beautiful Bill passed in 2025, as part of The Working Families Tax Cuts. Although it has not officially begun, here is everything we know about the Trump Account […]
Bookkeeping for a nonprofit is just as important as for any for profit business. Not only does it keep you in compliance with the IRS, it is essential for many of your current and prospective donors. We will provide this Guide to Business Bookkeeping for Nonprofits below to help you out. 1. Profit Versus Nonprofit […]
Most of you have heard about President Trump’s plan to distribute $2,000 refund checks to Americans to be paid with the collected tariffs. This money taken is planned to not only be given out as a dividend but also to pay down the debt. Here is what we know so far about the Trump $2,000 […]
With interest rates on the decline, it may be time to look into a bank account that makes you money. But you may want to keep your assets liquid. Here are 5 steps to choosing a High Yield Savings Account (HYSA) that can help you make a little extra cash every year. 1. Understanding Your […]
We have all heard about the new bill passed by the Trump administration, both good and bad. But how does it affect us in Texas and the real world? Below are 3 tax changes in the Big Beautiful Bill you need to know. What is the Big Beautiful Bill? Also known as Public Law 119-21, […]
No matter what the size of your business, you need bookkeeping. Whether you have questions about single or double entry, payroll, and even taxes – a bookkeeper is needed. This bookkeeper can be you, someone on staff, or a third party. There are those boasting “free” services. Below we will help you answer “Should I […]
We all know that AI is taking over everything from writing an essay to creating amazing images. But how is it for finance? While there are some amazing advancements, we don’t believe it is quite ready for primetime. Here are 4 reasons AI is not for bookkeeping.<!—more—> 1. Provide Tax Advice There are many AI […]
New year means new tax information and criteria. To help you out, we have these 5 tips for tax preparation in 2025. Keep in mind these are not the numbers for when you complete your 2024 taxes next year, but when you do them in 2026. 1. Be Aware of the New Tax Brackets We […]
We at B&J Bookkeeping & Taxes are often the target of small business scams and love to inform our readers all about them. You may have recently received a letter with the subject “Payment card Interchange Fee Settlement.” We will tell you all you need to know below.