Open Books Accounting & Tax Services

Open Books Accounting & Tax Services We offer short and long term bookkeeping solutions for small businesses and non-profits.

Business owners, let's connect! Tag your business below and tell us what you do.Let's help more people discover amazing ...
07/18/2026

Business owners, let's connect!

Tag your business below and tell us what you do.

Let's help more people discover amazing small businesses.


Your accounts receivable can reveal cash flow issues before they become bigger problems.Pay attention to:- Total outstan...
07/17/2026

Your accounts receivable can reveal cash flow issues before they become bigger problems.

Pay attention to:

- Total outstanding invoices

- Average time it takes customers to pay

- Overdue invoices

- Customers with recurring late payments

- Percentage of receivables that are past due

The goal isn't just making sales.

The goal is getting paid on time.

Having a clear accounts receivable process can help you collect payments faster and improve cash flow.

Need help tracking your numbers, reviewing financial reports, or staying on top of your bookkeeping?

Book a call using the link in our profile or comment "books" below to learn more about our services.

Found this helpful? Follow us for more business, bookkeeping, tax, and financial tips.


Whether you're preparing for estimated taxes, looking for ways to improve cash flow, or want to stay ahead of tax season...
07/16/2026

Whether you're preparing for estimated taxes, looking for ways to improve cash flow, or want to stay ahead of tax season, we're here to help.

Book a call using the link in our profile or comment “taxes” below to learn more about our services.


07/16/2026

Did you know your business can get a tax break for giving back?

Donations made to qualifying nonprofits including cash, goods, or even event sponsorships may be tax deductible.

Here's how to make it count.

Even small contributions throughout the year can lead to big savings when tax time rolls around.

Give back and lower your tax bill. Win-win!

Follow for more overlooked business tax tips.


Owing the IRS can feel overwhelming, but you may have more options than you realize.The IRS offers a Tax Debt Help Tool ...
07/15/2026

Owing the IRS can feel overwhelming, but you may have more options than you realize.

The IRS offers a Tax Debt Help Tool on its website to help taxpayers explore available solutions based on their situation.

The sooner you address tax debt, the more options may be available to you.

Follow us for more business, bookkeeping, tax, and financial tips, plus important tax reminders throughout the year.


More revenue is great news, but it could also mean a larger tax bill.If your income has increased, you will need to:- Up...
07/14/2026

More revenue is great news, but it could also mean a larger tax bill.

If your income has increased, you will need to:

- Updating your estimated tax payments

- Reviewing whether your business structure is still the best fit

- Planning equipment or software purchases

- Maximizing retirement and HSA contributions if eligible

The sooner you plan, the more opportunities you may have to reduce surprises at tax time.

Need help with tax planning and tax strategy, or making sure your business is financially organized?

Book a call using the link in our profile or comment “taxes” below to learn more about our services.


If you're self-employed, a freelancer, contractor, or business owner who expects to owe taxes, mark these estimated tax ...
07/13/2026

If you're self-employed, a freelancer, contractor, or business owner who expects to owe taxes, mark these estimated tax due dates on your calendar for the rest of 2026.

Many self-employed individuals and business owners set aside 25% to 30% of their income for taxes throughout the year to help avoid surprises at tax time.

If you missed a payment, submit it as soon as possible to minimize penalties and interest.

Follow us for more business, bookkeeping, tax, and financial tips, plus important tax reminders throughout the year.

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The people who encourage us, support us, share advice, and celebrate our wins often play a bigger role in our success th...
07/12/2026

The people who encourage us, support us, share advice, and celebrate our wins often play a bigger role in our success than we realize.

Today is a great reminder to appreciate the friendships that help make the journey a little easier and a lot more meaningful.

Who is someone you're grateful to have in your corner?

Give them a shoutout below.


The two are more connected than you might think.A personal budget can help you:- Understand how much you need to pay you...
07/11/2026

The two are more connected than you might think.

A personal budget can help you:

- Understand how much you need to pay yourself

- Plan for tax payments

- Know when you can reinvest profits back into your business

- Prepare for slow months in business

- Make better financial decisions

Your business budget matters.

But your personal budget matters too.

Do you currently use a personal budget alongside your business finances?

Book a call using the link in our profile or comment "books" below to learn more about our services.


Business owners face higher scrutiny than standard wage earners.Audits are often triggered by sloppy bookkeeping, dispro...
07/10/2026

Business owners face higher scrutiny than standard wage earners.

Audits are often triggered by sloppy bookkeeping, disproportionate deductions, worker classification issues, or major income mismatches.

Some common audit triggers include:

- Reporting income that doesn't match IRS records

- Claiming unusually large deductions compared to income

- Mixing personal and business expenses

- Misclassifying employees as independent contractors

- Missing or incomplete documentation

- Consistent losses year after year

The good news?

Good bookkeeping can help you maintain accurate records, support your deductions, and be prepared if the IRS ever asks questions.

Need help with tax planning and tax strategy, or making sure your business is financially organized?

Book a call using the link in our profile or comment “taxes” below to learn more about our services.


Address

101 N 7th Street
Louisville, KY
40202

Opening Hours

Monday 10am - 4pm
Tuesday 10am - 4pm
Wednesday 10am - 4pm
Thursday 10am - 4pm
Friday 10am - 2pm

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