C&M Bookkeeping Services LLC

10/22/2026

My local business just reached Level 3 (Neighborhood Regular). I’m growing it one small marketing step at a time, with Lanto helping me do it. If you own a local business, here’s what I’m using: https://getlanto.com/?ref=92317256&utm_source=share&utm_medium=social&utm_campaign=owner_share

10/19/2026

Shout-out to our neighbors at The Teahouse and Tapioca and Tea in Sienna for having delicious iced coffee drinks! If you haven't been yet, go see them.

Experience fresh and flavorful food made with quality ingredients. From classic favorites to chef-inspired dishes, enjoy great meals, warm hospitality, and a welcoming atmosphere.

10/19/2026

How does a business journalist become a bookkeeper? 📰➡️📊

For me it started with a band booster club, my first QuickBooks login, and one thought: "What did I get myself into?"

I wrote the whole story, including the board meeting that taught me why understanding your numbers matters so much. If you've ever stressed over your own books, I think you'll relate.

Read it here: https://lnkd.in/p/gaH5ZSqS

📞 (346) 279-0341 | 💻 cmbookkeepingservices.com

10/16/2026

The 3 bookkeeping questions I got asked most this month 💬

1️⃣ If I paid for business items with personal funds, how can you show the items on the business books so that they will reflect correctly, rather than just Owner Contributions? → Owner Contribution is one half of the transaction. The other is where the money went. Remember, we always record at least two accounts for every transaction.
2️⃣ Should a construction company have a Cost of Goods Sold account? → If they're engaged in activity that would use a COGS account, yes, they would have one. If they have the appropriate activity, then they use the account.
3️⃣ How do I would separate the income and expenses for each part of the business so I can see which areas are performing best? → Separating the business units by classes would allow you to track both the income and related expenses if you want to compare how profitable each part of the business is.

Got a question of your own? Drop it in the comments!

📞 (346) 279-0341 | 💻 cmbookkeepingservices.com

10/12/2026

80 days left in 2026 ⏳ Here's your year-end countdown:

🍂 October: reconcile through September, clean up uncategorized transactions, collect W-9s.
🦃 November: run a year-to-date P&L, flag contractors paid $2,000+, book time with your tax preparer.
🎄 December: chase unpaid invoices, reconcile November, save year-end statements.

January deadlines are coming up fast: Jan 15, Jan 20, and Feb 1. Get ahead of them now.

📞 (346) 279-0341 | 💻 cmbookkeepingservices.com

10/09/2026

Jargon-Free Friday: cash basis vs. accrual basis 🤔

💵 Cash basis: money counts when it actually moves in or out of your account
🧾 Accrual basis: money counts when it's earned or owed, even if it hasn't been paid yet

Example: You finish a $5,000 job in September and get paid in October.
Cash basis says that's October income. Accrual says it's September.

Same money, different month. That's why your reports and your bank balance don't always match.

📞 (346) 279-0341 | 💻 cmbookkeepingservices.com

10/05/2026

Paying contractors this year? Watch out for these 1099 mistakes 👇

❌ Still using the old $600 rule. For 2026 payments, the threshold is now $2,000.
❌ Waiting until January to collect W-9s.
❌ Thinking you can get an extension. 1099-NECs are due Feb 1, 2027.
❌ Mailing paper forms when you're filing 10+ and need to e-file.

IRS penalties are charged per form, and they grow the later you file. October is the easy time to get organized.

📞 (346) 279-0341 | 💻 cmbookkeepingservices.com

#1099

10/02/2026

Something new 📬

"The Bookkeeping Brief" is a free weekly LinkedIn newsletter for small business owners who want their finances explained in plain English.

Issues include:
✅ One money concept, minus the jargon
✅ Upcoming deadlines, sent early
✅ One quick thing to do in your books
✅ A real local business owner's story

Issue #6 comes out at 9 a.m. today! Sign up: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7495907565889839105

📞 (346) 279-0341 | 💻 cmbookkeepingservices.com

09/28/2026

Q4 starts this week, which means January is closer than it feels. 📅

Coming up fast:
📌 Jan 15 — final 2026 estimated tax payment
📌 Jan 20 — Texas sales tax (quarterly & annual filers)
📌 Feb 1 — W-2s and 1099s due

Do this in October:
✅ Get your books caught up through September
✅ Collect W-9s from your contractors now
✅ Run a year-to-date P&L so your January tax payment isn't a surprise

October prep is boring, but if you wait until January, the panic costs more.

📞 (346) 279-0341 | 💻 cmbookkeepingservices.com