the aladdin Bookkeeping Blog
Understanding BOI Reporting for Contractors: What You Need to Know in 2025
Introduction The Corporate Transparency Act (CTA), enacted in 2021, introduced significant changes to business reporting requirements in the United States. One of its main provisions
Building a Strong Bookkeeper Relationship for Contractors: Why It Matters and How It Benefits You
For contractors, running a business is more than just delivering excellent work on-site. It’s about managing client relationships, juggling projects, and ensuring the financial health
Benefits of Contractor Bookkeeper: Lessons from Bench Shutdown
The sudden announcement of Bench Accounting’s closure in late 2024 sent shockwaves through the business community, particularly for small businesses and contractors who relied on
Tax Season 2025 for Contractors: Get Your Bookkeeping Ready for Filing
As January 27th marks the official opening of the 2025 tax season, contractors across the country are preparing to file their business tax returns. For
Debt Management for Contractors: Managing Loans and Financing for Growth
In the fast-paced and often unpredictable world of contracting, managing debt effectively is crucial for sustaining and growing your business. Whether you’re financing new equipment,
1099 Contractor vs Employee: Understanding the Difference for Your Contracting Business
When running a residential or commercial contracting business, understanding the distinction between a 1099 contractor vs employee is essential. Misclassifying workers can lead to costly
Understanding the Difference Between Accrual and Cash Accounting for Contractors
When it comes to managing your finances as a contractor, choosing the right accounting method is crucial. The two primary methods—accrual and cash accounting—differ in
Why Contractors Need Specialized Bookkeeping Services
As a contractor, your focus is on completing projects, meeting deadlines, and keeping your clients happy. But when it comes to managing your finances, things
A Step-by-Step Guide on How to Invoice as a Contractor
As a contractor, your ability to invoice effectively is crucial for ensuring a steady cash flow and maintaining a healthy business. Unlike traditional employees, you
Strategies to Manage Bookkeeping for Contractors During the Holidays
As a contractor, maintaining meticulous financial records is crucial for the success of your business. Efficient bookkeeping not only helps you stay compliant with tax
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