Keep a record of vendors, contact info and W-9s so this information is readily available when 1099 prep starts. Anytime arrangements are made with a new vendor, you should always request a W-9 before making the first payment. The most important thing to remember is if the proper steps are taken throughout the year, it can help alleviate the headache and stress at year-end. Well-Balanced Bookkeeping offers reliable & accurate virtual accounting services for businesses of all types. Payments for merchandise, telegrams, telephone, freight, storage, and similar items. Servicing all types of businesses, not-for-profit and other organisations in Kurrajong Heights and its surrounding areas, Well Balanced Bookkeeping can help you solve your bookkeeping problems. Payments made by credit card, debit card, gift card or third-party payment processor like Paypal. Located in Kurrajong Heights, New South Wales, Well Balanced Bookkeeping are bookkeepers. LLCs and partnerships if they are taxed as an S or C-Corp (will need W-9 to confirm) Here at Well Balanced Virtual Bookkeeping Services, we have over 25 years of accounting experience. Vendors operating as S or C- corporations do not receive 1099s Be Balanced Bookkeeping is a woman-owned business and we strive to help businesses keep their financial records accurate. Unfortunately, that includes taxes and 1099 filings.Ī 1099-Misc Form reports income for a self-employed person or independent contractorĪny vendors/sub-contractors to whom you have paid at least $600 in rents, services, prizes or other income payments (this includes individuals, partnerships, and LLCs)Įmployees who receive W-2s do NOT receive 1099s. Katie, her husband Orson, and the kids love to camp, hike, watch sports and spend time with their large extended family.As a small business owner, you have a lot to deal with at year-end. It had been a dream to be home when her kids came off the bus, and that dream is now a reality. The WHY behind Cents and Balance has always been Katie’s two children, Oliver and Nora. She loves a good puzzle and helping business owners find relief from the stress and overwhelm of the accounting side of things tugged at her Social Worker roots! Just one year later in 2019, Katie was able to turn Cents and Balance into a full-time business. It didn’t take long for her to realize that bookkeeping was it. Katie launched Cents and Balance in 2018 as her night and weekend side gig while trying to figure out what accounting direction she wanted to pursue. She took the leap in 2016 to switch careers into accounting and hasn’t looked back! Her 18-year-old self really did know what she wanted! Through it all, her heart has always been with the numbers – looking at data, budgets, financial reports, etc. Fast forward 4 years and Katie was graduating from the University of New Hampshire with a Bachelors in Social Work! After obtaining her MBA from Brandeis University a few years later, Katie spent over 15 years working in the health and wellness industry serving in roles from project management to operations management to business development. Financial Management - plans, budgets, KPI's, forecast and diagnostic. Reporting - EOY pack, management reports. Payroll Solutions - superannuation and PAYG compliance. Get the latest business insights from Dun & Bradstreet. Automation - software review and add-ons. Find company research, competitor information, contact details & financial data for Well Balanced Bookkeeping of Porter Ranch, CA. With a passion for numbers, and putting puzzle pieces together, at age 18 Katie set off to college with her dreams set on being an accounting major. Well Balanced Virtual Bookkeeping LLC Downingtown, PA Bookkeeping Highly Recommended Accounting Bookkeeping Refer Our Ideal Customer Any small business who is stressed over their books and needs help getting them in order and all organized for their Tax Accountant. Specialties: The Essentials - bookkeeping and cash flow. The accountants at Balanced Bookkeeping & Tax Services in Lincoln, NE, take pride in their work and give clients professionalism, responsiveness and quality. See what our clients are saying About Katie White With Cents and Balance you are getting a team to help you get all those nitty-gritty tasks off your plate, and a partner in reaching your goals. Unless, of course, you’re a bookkeeper or accountant, too! But these are the things that every successful business needs, and needs done well. Chances are, when you got into business, you didn’t think about data entry, entering payments, sending out invoices, or reconciling your accounts. …AND we know that not everybody feels the same way!īy managing day-to-day financial transactions of the business, we take away the stress and free up your time to focus on what you do best!Īs business owners ourselves, we understand that we each have our own skills, certain things we love to do, and others we would rather never do again.
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