Guides about bookkeeping

• How do I do simple job costing for a one-person trade business?Simple job costing means tracking what each job actually costs you (your labor, materials, and a share of your overhead) and comparing it to what you
• How much should an owner operator set aside for quarterly estimated taxes?An owner-operator often sets aside part of every settlement to cover two things: self-employment tax and income tax.
• How should an owner operator track expenses and receipts so tax time is easy?An owner-operator may find it helpful to keep business receipts, log them within a week of the purchase, and pay business costs from a separate…