Author: bradhanks


Thoughts on growing a business, raising money, getting the word out,
and increasing profits. Plus, ZipBooks news!

  • Hiring a Virtual Bookkeeper for Your Small Business

    Posted 7 months ago in Small Business Tips
    by Brad Hanks

    Modern technology simplifies and streamlines staffing a small business, no matter where you are. You no longer need to the traditional full office with people typing away in cubicles. Skype, instant messaging, and webinars allow us to work from anywhere in the world, and still get the job done. But technology doesn’t just help you […]

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  • ZipBooks Announces Personalized Machine Learning for Better Bookkeeping

    Posted 11 months ago in News
    by Brad Hanks

    ZipBooks is pleased to announce the launch of personalized machine learning to make accounting simpler for ZipBooks subscribers. This enhanced experience will automate simple accounting tasks, beginning with categorizing transactions. Based on a limited trial rollout, a spokesperson for ZipBooks noted that auto-categorization saved business owners an average of 1.7 hours each month on bookkeeping, […]

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  • ZipBooks Scholarship Program Application Details for Winter 2018 Announced

    Posted 11 months ago in News
    by Brad Hanks

    The ZipBooks Scholarship Program (ZSP) is now accepting applications! The ZSP supports development of promising students enrolled in higher education, and seeks to supplement career exploration independently with a scholarship of $1000 per student. Who should apply? ZSP applicants should have a track record of academic success. The ZSP eligibility conditions are structured to encourage applicants who may be […]

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  • 1099-K vs 1099-MISC—What’s the Difference?

    Posted 1 year ago in Small Business Tips
    by Brad Hanks

    If you use contract employees (also known as independent contractors, freelancers, or self-employed workers), you know you have to issue them a 1099-MISC if you pay them over $600 in a year. But what’s this new thing called a 1099-K, and what does it have to do with your business? In other words, what’s the […]

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  • Estimated Quarterly Taxes: How to Calculate and File

    Posted 1 year ago in Taxes
    by Brad Hanks

    Disclaimer: This post only applies to estimated quarterly taxes for Federal income tax filing. Depending on where you live, you may have to file quarterly state taxes as well.   When you’re an employee, it’s normal to have money withheld from your paycheck for taxes, retirement funds and insurance. When you’re self-employed, or if you […]

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  • 17 Payment Company Options for Every Business Size

    Posted 1 year ago in Small Business Tips
    by Brad Hanks

    When you’ve got a business, the point is to get paid, right? There are all sorts of different ways to receive payments these days, some more efficient than others. Would you rather wait for a check in the mail, or receive an electronic deposit right to your bank account? Seems like a no-brainer! Here’s some […]

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  • What is the double declining balance method of depreciation?

    Posted 1 year ago in
    by Brad Hanks

    The two-hundred percent (200%) declining balance method of depreciation, or double declining balance method of depreciation, is an example of accelerated depreciation. Basically, accelerated depreciation is exactly what it sounds like—a greater depreciation of an asset off the starting block than the straight line method. Acceleration means you are initially covering more “ground” over a […]

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  • DIY Bookkeeping in 3 Easy Steps (with Examples)

    Posted 1 year ago in Bookkeeping
    by Brad Hanks

    You probably know at least one fact about bookkeeping already: it’s boring. Also, DIY bookkeeping can be a little intimidating. Just be glad for computers. Bookkeepers used to hand write every transaction. They literally kept the books. Now, accounting software is a lot more forgiving of newbie mistakes than pen and paper. DIY bookkeeping today […]

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  • How to Write a Resignation Letter

    Posted 1 year ago in Random reads
    by Brad Hanks

    You might be wondering what an article about writing a resignation letter is doing on a blog about accounting software. Well, the connection’s pretty clear if you think about it for a second. Let’s say you have a full-time job, but you also do work on the side. Well, at some point, that kind of […]

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  • Is QuickBooks Too Big to Fail?

    Posted 1 year ago in Small Business Tips
    by Brad Hanks

    When it comes to accounting software for businesses, QuickBooks is the 800-pound gorilla in the room. It is well-known and well-established—the first accounting software available. Goliaths like this are intimidating. So, why do we even try to compete? Is QuickBooks too big to fail? First, let’s walk through why we chose to create ZipBooks. Limited […]

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