Maxim Liberty Blog

  • CPA Firm Accounting: Best Practices and Solutions

    CPA Firm Accounting: Best Practices and Solutions

    Accounting is an intricate skill, and CPA firms stand as pillars of expertise and reliability. However, managing the accounting for CPA firms is a task that requires precision, foresight, and adaptability. Let’s explore the best practices and solutions that can streamline these processes for CPA firms to ensure efficiency and accuracy. 1. Embracing Technology In an…

  • Virtual Bookkeeping: A Cost-Effective Solution for Modern Businesses

    Virtual Bookkeeping: A Cost-Effective Solution for Modern Businesses

    In the US, the business landscape is evolving rapidly, which means being cost-effective is not just a goal but an absolute necessity for businesses. In this pretext, the introduction of virtual bookkeeping services has changed the dynamic, with businesses constantly seeking innovative ways to streamline operations. Virtual bookkeeping, an online bookkeeping service, easily stands out as a…

  • The Top Benefits of Outsourced Bookkeeping for Companies in the US

    The Top Benefits of Outsourced Bookkeeping for Companies in the US

    Companies in the US are constantly seeking innovative ways to streamline operations and enhance efficiency. As a result, outsourcing services is on the rise. Among them, outsourced bookkeeping services have emerged as a prominent service used by businesses of all sizes. Let’s dive into the key benefits that US businesses can reap from these services. 1. Financial Health Monitoring…

  • How Online Bookkeeping Can Transform Your Small Business

    How Online Bookkeeping Can Transform Your Small Business

    In today’s fast-paced business world, small businesses need efficient ways to streamline operations and boost efficiency. Enter online bookkeeping, a transformative tool that is reshaping how small businesses manage their finances. More than just a digital trend, it has come as a fundamental change in managing financial data as it offers unparalleled advantages over traditional methods.…

  • The 9 best virtual bookkeeping services for small businesses in October 2023

    The 9 best virtual bookkeeping services for small businesses in October 2023

    With so many respected and highly capable companies that offer virtual bookkeeping services, how do you choose the one that’s right for your business? How do you know that an accountancy firm can handle your financial affairs, identify fraud, process receipts directly from suppliers, deal with the nuances of your particular industry, and do all…

  • Part-time bookkeeping costs: In-house vs. Virtual

    Part-time bookkeeping costs: In-house vs. Virtual

    Let’s explore the difference in costs between hiring a part-time bookkeeper in-house vs. outsourcing it to a virtual bookkeeping agency. Who is a part-time bookkeeper? A part-time bookkeeper is an employee or contractor who spends less than a full week – less than 40 hours per week – doing bookkeeping. They can be in-house or…

  • Full-time Bookkeeping Costs: In-house vs. Outsourcing

    Full-time Bookkeeping Costs: In-house vs. Outsourcing

    How much does full-time bookkeeping cost? The hourly rates for full-time bookkeeping are about $21.90 per hour. The state-by-state averages for hourly rates in bookkeeping vary wildly across the various states. A full-time bookkeeper is your employee and on your payroll. They come into your office every day to do the bookkeeping. So, you have…

  • The Ultimate Tax Deductions Checklist: How to Save Money on Your Taxes

    The Ultimate Tax Deductions Checklist: How to Save Money on Your Taxes

    Are you tired of paying too much in taxes? Want to take advantage of every possible tax deduction to save money? Look no further! In this ultimate tax deductions checklist, we will guide you through the top strategies and tips to maximize your deductions and keep more money in your pocket. From commonly overlooked deductions…

  • Demystifying Margin Calculation: A Step-by-Step Guide for Financial Success

    Demystifying Margin Calculation: A Step-by-Step Guide for Financial Success

    Welcome to a comprehensive guide on demystifying margin calculation, an essential skill for achieving financial success. Whether you’re an aspiring entrepreneur, a seasoned investor, or simply someone looking to understand the intricacies of the financial world, this guide will provide you with a step-by-step breakdown of margin calculation and its significance in the realm of…

  • Tech Times names Maxim Liberty the best online bookkeeping service

    Tech Times names Maxim Liberty the best online bookkeeping service

    In the fast-paced world of business, effective bookkeeping holds the key to financial success. Amidst a plethora of bookkeeping companies, one has risen above the rest, capturing the attention of both entrepreneurs and industry experts. Maxim Liberty, a leading bookkeeping service provider, has recently been recognized as the best online bookkeeping service by the esteemed…