Fasula Cohen LLC

The Winter Solstice is here—the shortest day and the longest night of the year.  Use this time to: Recharge and set your intentions for the new year. Wrap up your business goals before the year ends. Stay cozy and celebrate the light that’s just around the corner! What’s your favorite winter tradition? #WinterSolstice #WinterIsComing #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

🚨 Big News for Businesses!  On December 3, 2024, a federal district court in Texas issued a nationwide preliminary injunction that temporarily halts enforcement of the CTA and its beneficial ownership information (BOI) reporting requirements. Here’s what this means: 👉 The January 1, 2025, deadline for submitting initial BOI reports is currently on hold. 👉 Companies are not required to report BOI to FinCEN while this injunction is in effect. 👉 There will be no penalties for failing to submit BOI reports during this time. FinCEN has also clarified that companies may still voluntarily submit their BOI reports. It’s worth noting that the Department of Justice has filed an appeal, and the situation could change quickly.  To avoid potential last-minute challenges if enforcement resumes, it’s a good idea to prepare your documents and forms now.  This way, your business will be ready to comply without scrambling to meet deadlines. For more details, read here: https://fincen.gov/boi #BOIReporting #Business #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Your bookkeeping isn’t just about numbers, it’s the backbone of your business’s success! Handing it over to the wrong person can lead to costly mistakes and unnecessary stress. Here’s why you shouldn’t trust just anyone with your bookkeeping:  1. Bookkeeping errors can cost you money and even trigger audits. A skilled professional ensures everything is done right the first time. 2. Not everyone has the training, certifications, and experience to meet your business’s specific needs. Choose someone who truly knows their stuff. 3. You deserve someone who keeps you in the loop and makes your financial picture crystal clear—not someone who leaves you guessing. 4. A true professional doesn’t just crunch numbers—they free you up to focus on growing your business. You need someone you can trust to handle your business finances with care and expertise. Have you ever worked with a bookkeeper?  Ready to work with a professional? Let’s chat! 📞 646-982-8059 🌐 www.fasulacohen.com #BusinessFinances #Entrepreneur #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Year-end is here, and it’s time to wrap up your books!  Here’s a quick guide to help you: 1. Reconcile your accounts.  Match your bank, credit card, and payment platform statements to your records.  2. Organize your transactions. Make sure all your income and expenses are in the right categories. This is a lifesaver come tax time! 3. Check outstanding invoices and bills. Follow up on unpaid invoices (hello, cash flow!) and pay any unpaid bills. 4. Run your Profit & Loss, Balance Sheet, and Cash Flow Statement to get a clear picture of your business’s financial standing and identify any adjustments needed. 5. Gather your receipts, scan them, and upload the digital copies to a designated folder in your cloud storage and get everything ready for your tax pro.  Taking a little time now saves a LOT of headaches later. If you’d rather not deal with the details, we got your back! Contact us today! You’ll thank yourself later! 📞 646-982-8059 🌐 www.fasulacohen.com #BookkeepingServices #SmallBusiness #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Small business owners should take advantage of these frequently forgotten tax deductions to reduce their taxable income. Every little bit counts, so make sure you’re not leaving money on the table. Contact us to learn more about maximizing your tax write-offs! 📞 646-982-8059 🌐 www.fasulacohen.com #BusinessTaxes #TaxDeduction #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Deleting transactions in QuickBooks might seem like a quick fix, but it can have bigger and costly consequences than you think.  Here’s what to keep in mind: 1. Deleting a transaction can throw off your financial reports, reconciliations, or even your tax records. Always double-check the details before taking action! 2. If the transaction needs to be corrected but should remain in your records, voiding it may be a better option. This keeps the history intact for accurate reporting. 3. It’s better to pause and ask your bookkeeper or accountant. A quick conversation can save you hours of troubleshooting later. Think before you delete, and always keep your records clean and accurate. Need help managing your business finances? Let’s chat! 📞 646-982-8059 🌐 www.fasulacohen.com #QuickBooksOnline #Entrepreneur #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Without clear data, it’s impossible to make informed decisions—this is especially true with your finances.  Tracking your income, expenses, and key metrics regularly gives you the insights you need to grow your business, identify opportunities, and avoid costly mistakes. Consistency in tracking isn’t just about numbers—it’s about clarity and control. What are you currently tracking, and how has it helped you make better decisions? Let us know! #BusinessMoney #MoneyTip #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

The holiday season is here, and while we’re busy celebrating and setting goals for the new year, tax season is just around the corner. Don’t let it catch you off guard! Tag a business friend to give them a friendly reminder. #YearEnd #TaxSeason #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Every successful business needs a strong financial foundation.  A skilled bookkeeper can help you: ✅ Keep your finances organized ✅ Provide insights to guide smart decisions ✅ Save time so you can focus on growth Don’t wait until you’re overwhelmed—build your financial dream team as you grow. Do you have the right financial support in place? Let’s chat! 📞 646-982-8059 🌐 www.fasulacohen.com #Bookkeepinghelp #BookkeepingPartner #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC

Started a side hustle this year? Any income earned from your side hustle is taxable, even if it’s just a part-time gig or extra cash on the side.  The IRS considers this income reportable, and it’s essential to keep accurate records to avoid surprises when it’s time to file your taxes. Here’s what you need to know: 1. Keep track of all income, even if you don’t receive a W-2 or 1099. 2. Claim business-related expenses like supplies, mileage, or software to reduce your taxable income. 3. If your side hustle generates significant income, you may need to make estimated tax payments throughout the year. Not sure where to start? We're here to help! Book a call to learn more. 📞 646-982-8059 🌐 www.fasulacohen.com #SideHustle #SideGig #taxprofessional #taxexpert #taxpro #quickbookspro #quickbooksexpert #quickbooks #construction #lawfirm #LaPlataBookkeeper #MarylandBookkeeper #FortMyersBookkeeper #FloridaBookkeeper #MilfordBookkeeper #PennsylvaniaBookkeeper #CaliforniaBookkeeper #LagunaBeachBookkeeper #FasulaCohenLLC