Blog – Mindspace

COVID-19 Impacts on Accounting Industry in US

Posted by Saurabh Bhardwaj
On June 26, 2020
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accounting firms, accounting outsourcing, accounting services, bookkeeping and accounting outsourcing, bookkeeping outsourcing, payroll accounting services, quickbook accounting services, remote accounting, tax preparations, US accounting services, virtual bookkeeping firm, wave

COVID-19 has left the very foundations of global financial markets in a state of recession. The effects of this epidemic are increasing day by day and the undisclosed arrival of the Corona outbreak has caused major losses to small accounting firms. At Mindspace US we provide accounting and outsourcing bookkeeping services for accountants. So today […]

The Ultimate Guide to Zapier

Posted by Saurabh Bhardwaj
On June 21, 2020
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accounting firms, accounting firms usa, accounting services, bookkeeping, quickbook accounting services, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Zapier, an automation tool, can help you tie together two or more web apps to leverage their functionalities in an almost automatic way. This essential time-saver tool assists accountants focus on their most important work by saving time through the means of automation. Much like any other tool, Zapier is also a part of […]

Guide to Get Your Finances in Order

Posted by Saurabh Bhardwaj
On June 17, 2020
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accounting firms, accounting in US, accounting services, bookkeeping services, outsource bookkeeping agency, outsourced bookkeeping services, outsourcing companies, payroll outsourcing services, US accounting services, USA accounting, virtual bookkeeping firm

It’s the middle of 2020, and there’s no time like RIGHT NOW to get your money sorted. It is necessary to stay on top of your budget, but you have got to start somewhere, right? Sure, you know the ABC’s of sorting your finances, but sometimes it gets a little overwhelming, and you tend to […]

Virtual Accounting Department for Small Businesses

Posted by Saurabh Bhardwaj
On June 12, 2020
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accounting, accounting firms, accounting firms usa, accounting outsourcing, bookkeeping and accounting outsourcing, payroll outsourcing services, quickbook accounting, quickbook accounting services, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Virtual accounting departments are difficult to set up because of the logistics of obtaining and then returning the receipts of the departments you are trying to provide services for. In traditional accounting companies, you would have a drop and a physical location where companies and the organisations can deposit their receipts on a weekly and […]

How to use Xero

Posted by Saurabh Bhardwaj
On June 11, 2020
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accounting, accounting outsourcing, bookkeeping outsourcing, outsource bookkeeping agency, outsource bookkeeping services, outsourced bookkeeping services, payroll outsourcing, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Xero is the best accounting software globally. Xero accounting software provides many features that can help you analyze key parameters in a couple of minutes. Xero has grown from an accounting perspective to a small business, making banking relationships core to the small business community. The main features of Xero accounting software include automatic bank […]

Things to Know About Emergency Funds

Posted by Saurabh Bhardwaj
On June 7, 2020
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canada bookkeeping, cpa, cpa accounting, online accounting software, payroll outsourcing accounting services, quickbook accounting, remote accounting, tax preparations, USA accounting

Save one penny a day for a rainy day. – It simply means putting aside some amount of money that you can dip into later in case of an emergency. It can be used for car repairs, house repairs, an unexpected medical bill, paying for basics if you lose your job, and so much […]

Financial Reporting and Management Reporting

Posted by Saurabh Bhardwaj
On June 4, 2020
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accounting, accounting firms, accounting firms usa, accounting outsourcing, bookkeeping outsourcing, online bookkeeping, quickbook accounting

Financial reporting and management reporting are two sides of the same coin – One is the key to your business’s success, and the latter is key to your company’s operations and performance. Let’s dig in and understand the differences and why both of these reports are essential for the success and growth of your business. […]

Top Accounting Trends 2020-21

Posted by Saurabh Bhardwaj
On June 3, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, bookkeeping, outsource bookkeeping agency, outsourced bookkeeping services, payroll outsourcing accounting services, tax preparations, virtual bookkeeping firm

Undoubtedly, there is a lot of change in the field of accounting in 2020-21. You can see how accounting and finance firms are doing. What’s going on in the Accounting Industry: Technology has affected every industry including finance and accounting as well as health, energy, manufacturing. At a time when technology is coming in […]

Facts About Bookkeepers

Posted by Saurabh Bhardwaj
On May 26, 2020
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payroll outsourcing, payroll outsourcing services, quickbook accounting services, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Whether you are doing any small and mid-size business whether it is property management, e-commerce, handmade, software, legal adviser, or any other business, one thing is certain that you are earning and spending money and in maintaining these financial records the one that helps you is the bookkeeper. Rarely, one would wonder what exactly an […]

How to file the 1099 Tax Form

Posted by Saurabh Bhardwaj
On May 22, 2020
0 Comments
bookkeeping and accounting outsourcing, bookkeeping india, payroll outsourcing services, quickbook accounting, quickbook accounting services, remote accounting, tax preparations, USA accounting

1099 Form: There isn’t one “1099 tax form” – there are many various sorts of forms under the 1099 umbrella. this type is for reporting income made as a non-employee, for income made up of a one-time work event; money earned from self-employment. It doesn’t mean you owe tax on the cash, rather it’s […]

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