Cotten's Bookkeeping & Tax Service LLC

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Cotten's Bookkeeping & Tax Service LLC Professional and personable bookkeeping, payroll, HR advising, administrative tasks and tax prep customized for you and/or your business.

Why "Good Intentions" Aren't Enough for Nonprofits 💡Every amazing nonprofit starts with a mission to change the world. B...
26/07/2026

Why "Good Intentions" Aren't Enough for Nonprofits 💡Every amazing nonprofit starts with a mission to change the world. But behind every successful mission is a strong financial foundation.A lot of people think bookkeeping is just for corporate businesses looking at profit margins. For nonprofits, it is about something much bigger: Accountability.Here is why accurate bookkeeping is the ultimate superpower for your mission:🛡️ Protects Your Status: It keeps your 501(c)(3) tax-exempt status safe and makes filing your annual Form 990 stress-free.🤝 Builds Radical Trust: Donors don't just want to give; they want to see impact. Clear books prove exactly where their dollars went.💰 Unlocks Major Grants: Government and private grantors require rigorous financial history. No clean books = no funding.📍 Honors Donor Intent: If a donor gives money specifically for "Program A," fund accounting ensures those dollars are never accidentally spent on "Program B."Data tells a story. When your financial story is clear, your impact can grow. 📈👉 Nonprofit leaders: What is the biggest bookkeeping hurdle your organization faces? Let’s chat in the comments!

IRS MILEAGE RATE UPDATE: Taking effective on July 1, 2026 the IRS updated the business mileage standard rate to 0.76 per...
15/07/2026

IRS MILEAGE RATE UPDATE:

Taking effective on July 1, 2026 the IRS updated the business mileage standard rate to 0.76 per mile. This means that from January 1 thru June 30, your mileage rate will be at 0.725 per mile and from July 1 thru Dec 31 it will be at 0.76 per mile.

PLEASE PLEASE keep your records up to date for when your tax professional ask for your 2026 mileage, you have it broken down properly. You can't tell your tax pro to half the mileage (that's fraud and not only that, no one ever drives the exact same amount of miles each month/year).

Now is the time to make sure your records are in order and stay in order!

Many business owners confuse high sales with high profits. Without a clear Profit and Loss (P&L) Statement, you are flyi...
14/07/2026

Many business owners confuse high sales with high profits. Without a clear Profit and Loss (P&L) Statement, you are flying blind. A P&L statement breaks down your revenues, costs, and expenses over a specific period. It tells you exactly where your cash is going and which parts of your business are truly profitable. At Cotten’s Bookkeeping, we turn messy receipts and confusing spreadsheets into clear, actionable P&L reports. Stop guessing and start growing!

Staring at your unallocated transactions is the financial equivalent of looking out the window of your vacation beach re...
10/07/2026

Staring at your unallocated transactions is the financial equivalent of looking out the window of your vacation beach rental and not being able to go enjoy your vacation with family.

When you let a bookkeeper take over the bookkeeping, that heavy cloud of business guilt vanishes.... suddenly, you feel peaceful and relaxed in one of the empty beach chairs in the photo below!!! You are a business genius because you have acknowledged that your peace of mind, your stress, your time, and your family are worth letting the professionals handle things!

We can help you get into that empty beach chair without worrying about those unallocated transactions!!

Wish you were here but instead you are stuck worrying about your business financials? Let us help you reach your peacefu...
29/06/2026

Wish you were here but instead you are stuck worrying about your business financials? Let us help you reach your peaceful place where you can enjoy and not worry about your bookkeeping, payroll or those pesky sales tax!!

04/02/2026

If you are a client of mine, please check your email for the invite to the new portal if you have not already accepted it. If you have not received it or can't find it, please email us at [email protected] or at [email protected]

Thank you!

Wishing you and yours a very merry Christmas. Spend time with your loved ones and remember the reason for the season.
22/12/2025

Wishing you and yours a very merry Christmas. Spend time with your loved ones and remember the reason for the season.

Address

TX

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

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