Medical Office Tax Deductions: 10 Commonly Missed Write-Offs (And How to Stop Losing Money)
Medical Office Tax Deductions: 10 Commonly Missed Write-Offs (And How to Stop Losing Money) Many practices overlook valuable medical office tax deductions every year—not because they’re doing anything wrong, but because their bookkeeping isn’t structured to capture them. After completing hundreds of cleanups for chiropractors, dentists, PT clinics, therapy practices, wellness centers, and NP-run clinics, […]
The Audit-Ready Chart of Accounts: How to Structure Your Books for Accuracy and Compliance
The Audit-Ready Chart of Accounts: How to Structure Your Books for Accuracy and Compliance Your Chart of Accounts is the backbone of your bookkeeping system. If it’s messy, outdated, overly generic, or missing essential categories, your financials will always be wrong—no matter how much you reconcile. Most businesses don’t realize that errors in their Chart […]
How to Know If Your Books Are Lying to You (Bookkeeping Mistakes to Watch For)
How to Know If Your Books Are Lying to You (Bookkeeping Mistakes to Watch For) Most business owners assume their books are “fine”—until something breaks. A tax bill looks too high, cash flow feels tight for no reason, revenue doesn’t match deposits, payroll suddenly seems off… or worse, the IRS sends a letter. These are […]
Cutting Corners: Would You Use Inferior Gas in an Airplane? | Giesler-Tran Bookkeeping
Would You Use Inferior Gas in an Airplane? Of course not. You’d never risk your family’s safety by fueling a plane with bargain-bin gas. So why trust the engine of your business—your financials—to the cheapest bookkeeper you can find? Your Bookkeeper is Your Business’s Co-Pilot Accuracy Matters: Just like a plane needs the right fuel, […]
Top Bookkeeping Mistakes Small Businesses Make—And How We Fix Them | Giesler-Tran Bookkeeping
Top Bookkeeping Mistakes Small Businesses Make—And How We Fix Them Giesler-Tran Bookkeeping (GTB) has seen it all—common pitfalls that can trip up even the savviest small business owners. Here’s a look at the most frequent bookkeeping mistakes and how our expertise helps you avoid and correct them. Common Bookkeeping Mistakes Mixing Personal and Business Finances: […]
How Do You Handle Missing Receipts?
Countdown to Tax Day 0 Days0 Hours0 Minutes0 SecondsDon’t wait—get your books tax-ready with Giesler-Tran Bookkeeping! How Do You Handle Missing Receipts? Missing receipts are a common concern for business owners—especially during year-end catch-up or tax prep. At Giesler-Tran Bookkeeping, we know that life happens and paperwork can slip through the cracks. Here’s how we […]
Top Bookkeeping Mistakes Small Businesses Make (and How to Avoid Them)
Common mistakes include mixing personal and business accounts, not reconciling regularly, missing merchant payouts, poor receipt capture, weak internal controls, and misclassifying transactions. Prevent them with monthly reconciliation, clear SOPs, bank feeds, and a simple Chart of Accounts. On the go? Listen on The Deep Dive — where we dig deeper into this topic: ‘Stop Draining […]
Can a Bookkeeper Help During an IRS or State Audit? — GTB
Can a bookkeeper help during an IRS or state audit? TL;DR: Yes. A bookkeeper can prepare organized records, produce reconciliations, and supply supporting schedules; they cannot act as legal representation but can work alongside your CPA or enrolled agent to provide the documentation auditors request. On the go? Listen on The Deep Dive — where […]
How to Detect and Prevent Employee Embezzlement & Theft — GTB
How can I detect and prevent employee embezzlement or theft? Implement segregation of duties, regular reconciliations, dual approvals for payments, read-only bank feeds, and automated alerts. Combine controls with random spot checks and strong onboarding/offboarding processes to significantly reduce risk. On the go? Listen on The Deep Dive — where we dig deeper into this […]
The Silent Killer: How “Good Enough” Bookkeeping Undermines Your Business — Messy Books Problems.
“Good enough” bookkeeping hides cash leaks, audit risk, and lost growth. Learn how to fix it — and how Giesler-Tran Bookkeeping makes your books decision-ready. The Silent Killer: How “Good Enough” Bookkeeping Undermines Your Business 🎧 On the go? Listen on The Deep Dive — where we dig deeper into this topic: ‘The Expensive False […]