Hodges Payroll Services, LLC

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Hodges Payroll Services, LLC

We specializes in relieving the stress of payroll processing and Bookkeeping so that you can focus on running your business.

We offer comprehensive payroll reports, accurate and up to date payroll laws and tax filings as well as Monthly reconciliations.

12/05/2026

Planes, trains, and automobiles (and a whole bunch of receipts you need to keep) if you traveled for work this spring ↓

🧾 Flights, train tickets, ride shares, or rental cars

🧾 Hotels, AirBnbs, Vrbos

🧾 Parking + tolls

🧾 Meals (while traveling)

🧾 Conference fees or tickets

🧾 Plane WiFi

Basically, when in doubt, save your receipts, and I’ll let you know which ones will help lower your tax bill.

04/05/2026

Business Owners: Reviewing these 5️⃣ reports is your May money homework from your favorite bookkeeper →

side note: this isn’t *just* a May thing !

If you’re already reviewing these reports every month, you’re automatically at the top on my business favorites list !! 😜

And if you don’t have your bookkeeping done enough to run these reports, you know who to call 📱🤩

20/04/2026

Almost every small business starts by doing their bookkeeping in Google Sheets. It’s like a rite of passage at this point. 🤭

Butttt, when your business inevitably grows...

And you’re still entering every transaction by hand (but now it takes 4x as long), and you can’t do handy things like automatically match your credit card payments; you’ve outgrown your spreadsheet.

Spreadsheets are sooo good for starting your business, but QuickBooks Online is built to scale. 📈

Ready to make the switch? Welcome to the QuickBooks dark side. 🤗

I can help from start to finish with your initial setup & provide ongoing support as you continue to grow your business !

16/04/2026

Balance sheets are almost always overlooked by small businesses.

Which is kind of a big deal because your balance sheet (let’s go with BS for short) can hide a whole lotta BS if your books have errors. 😜

Within the first five minutes of digging into a balance sheet, I can find problems like:

→ Cash balances that don’t match your bank statements
→ Missing sales tax liability accounts
→ Loan repayments that aren’t being properly recorded
→ Credit cards with negative balances

Most business owners live in their P&Ls, but you’re basically begging for trouble if you keep ignoring your balance sheet.

Need help cleaning up your balance sheet ? DM me today !!

14/04/2026

Obviously, you started your business to get paid... but sometimes it’s less obvious how to *actually* pay yourself. 💸

I get questions all the time from clients on when, how much, and the best methods to pay themselves.

It’s not always as simple as transferring some money each month, and getting it wrong can lead to expensive-to-clean-up mistakes!

Want my advice on how *you* specifically should be paying yourself from your small business? Message me to set up a quick call! 📲

06/04/2026

I’m kind of like the Instagram filter your bookkeeping has to go through before your CPA ends up with the beautiful, cleaned up version. 🤭

Your tax accountant’s job is to file an accurate return, but they can’t do their job if your bookkeeping isn’t accurate!

That’s why I spend my time reclassifying personal charges, hunting down missing receipts, and making sure each transaction is categorized correctly.🕵️

Most of the time, it’s much more affordable to have me do it than your CPA!

Need help cleaning up your 2025 books? DM me for more info on how I can help ✨

31/03/2026

You’ve heard profit margin this, and profit margin that, but be honest, do you know what a profit margin even is?!

Specifically, I’m talking net profit margin. It’s how much of each dollar you earn you actually get to keep (profit) after accounting for your expenses.

🔢 Here’s how to calculate yours:

(Net Profit / Revenue) x 100

To use a real-life example, let’s say you have total sales of $7,000 and net income of $5,000. Your profit margin would be roughly 71%.

That means for every $1 in revenue, you’re keeping 71 cents after expenses! 💸

NOTE: What’s considered a “good” profit margin depends on your industry.

When I work with businesses, I help them calculate and, more importantly, understand what their profit margin is telling them about their business. 📚

26/03/2026

Anyyyy level of bookkeeping > no bookkeeping. 📚

Spreadsheets are a great tool for business owners who are just starting and want to keep track of their income + expenses. 🖥️

But eventually... your business is gonna outgrow those spreadsheets when you want to do things like:

→ Run up-to-date financial statements
→ Track key performance metrics
→ Integrate with your payment processor
→ Run payroll + track time
→ Invoice your clients

And when you do finally decide to make that upgrade, I can help make that transition from spreadsheets to QuickBooks as smooth as possible.

Trust me, it’s not my first rodeo setting up a company’s bookkeeping based on their spreadsheets! 📚

25/03/2026

If you use a payment service like Stripe or Square, I’m going to take a wild guess and say 99% of you have had this question!

Most processors deposit your sales *net* of your merchant fees.

For example, you might see $97 hit your account when you made a sale that was actually priced at $100.

What’s missing in this equation is the 3% merchant fee that Stripe held back!

Ideally, your books would be adjusted to reflect the *gross* sales amount of $100 and the $3 merchant fee.

While it may end up having the same net income effect, recording things this way helps your business get more accurate data from their books! 🙌🏽

12/01/2026

As a small business, not only are you responsible for sending out any 1099s, but there’s a good chance you’re going to be receiving one (or more)!

👉 Swipe to learn the steps I recommend following for each 1099 you receive (because the last thing you want to do is lose one of them in your mail or inbox).

If you get to step 3 and find your books are waaay off from the 1099s you’re getting, that’s a red flag. 🚩

Need help making sure your 2025 income is reported correctly so that your tax accountant can file your return?

📲 DM me and let me know you’d like more info on a 2025 bookkeeping clean-up!

02/12/2025

Please help us reach our end of the year goal of $10,000 in honor of our 10 YEARS as a nonprofit. Use the QR code in our Facebook cover, or visit https://mansionmemories.org/donate/

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Telephone

+19095570502

Website

http://hodgespayroll.com/

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