Kimbrough Accounting Services

08/29/2026

Don’t wait on 1099s until January! If you paid any contractor $600+ this year, get their W-9 BEFORE you send the first payment, not after. Tag 1099-eligible vendors in your bookkeeping software as you go (one checkbox in QuickBooks) so year-end reporting is a two-click report instead of a treasure hunt.
Save yourself the January scramble — build the habit now. 💼
#1099

08/28/2026

08/27/2026

📁 Bookkeeping Tip of the Day: Ditch the shoebox of receipts — it’s costing you more in accountant fees than you think.
Set up one simple digital folder system (Year › Month) and drop every receipt, invoice, and bank statement in within 24 hours of getting it. The IRS wants business records kept at least 3 years — aim for 7 and you’ll sleep easy if you’re ever audited.
📌 Takeaway: 5 minutes of filing today saves hours of digging (and stress) later.
Save this for your next “where did I put that receipt” moment! 👇

08/26/2026

📊 Bookkeeping Tip: Q3 estimated taxes are due September 15 — mark it now. If you’re self-employed, set aside 25–30% of your net profit each month in a separate “tax fund” account so the payment doesn’t ambush you. Run a quick P&L before the deadline to nail down your real number instead of guessing.
Don’t wait until the deadline to find out what you owe — your books should already have the answer. 💰

08/25/2026

💰 Today’s Bookkeeping Tip: Budgeting Edition
Your budget shouldn’t live in your head — it should live in a spreadsheet you actually check. Try the “Profit First” shortcut: the moment revenue hits your account, sweep set percentages into separate buckets for profit, taxes, owner pay, and operating expenses. Whatever’s left in the main account is what you’re actually allowed to spend. Revisit those percentages every quarter as you grow — a budget that never changes isn’t a budget, it’s a guess.
👉 Set it, sweep it, adjust it quarterly — don’t just wing it.

08/24/2026

Payroll tax money isn’t your money 💰
The moment you run payroll, sweep the withheld taxes into a separate account you never touch until they’re due. It’s the single habit that keeps small business owners out of IRS trouble — no scrambling, no penalties, no surprises.
Set it up as an automatic transfer on pay day and take the decision-making out of it entirely.

08/22/2026

📊 Bookkeeping Tip: Reconcile your bank account every single month — not just at tax time. A quick 20-minute check against your statement catches errors, missed transactions, and fraud while they’re still small and easy to fix. If reconciliation feels like a hassle, that’s usually a sign your books need a tune-up, not that you should skip it.
👉 Block 20 minutes this month and make it a standing date with your books.

08/21/2026

Stop stuffing receipts in your glove box! 📸 Snap a photo the second you get one, then set a weekly 10-minute “Money Monday” to review and categorize anything that slipped through. Every deduction stays documented instead of guessed at in April.
💡 Takeaway: Small, consistent habits beat a frantic tax-season scramble every time.
Need help getting your expense-tracking system dialed in? Drop us a DM — we’d love to help! 👇

08/19/2026

💰 Bookkeeping Tip: Cash flow crunches don’t happen overnight — they build for weeks before you feel them.
Set a 10-minute Monday ritual: check what’s due in and due out over the next 14 days. Catch a gap two weeks out and you can act — a delayed purchase, a reminder invoice. Catch it the day before payroll, and you’re scrambling.
Takeaway: A weekly 10-minute check beats a monthly surprise. 📊
Want help building a cash flow system for your business? Send us a DM!