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Clarissa Wilson

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Clarissa Wilson
General Finance
business finances, bookkeeping, money mindset, personal finances
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HARRISBURG, Pennsylvania, United States
Life stage:
SINK (Single Income, No Kids)
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Latest Blog Posts

It's the beginning of a new year, which also means it's time to wrap up the last year and file your taxes. Which also means, that it's the most stressful time of the year for most business owners. I understand that tax time isn't fun for most people, but when you are prepared ahead of time […] The post Getting Organized & Prepared for Tax Time in Your Online Business appeared first ...
Posted: Jan 06 2020 @ 9:39 PM
Is there really a best and a worst time to hire an accountant, a bookkeeper and a financial strategist to help you with your business?    There are always best and worst times to hire anyone to help you in your business.    You should have an accountant and a bookkeeper in your back pocket at all times in […] The post Is There a Best or Worst Time to Hire an Accountant or Bookkeeper? ...
Posted: Dec 30 2019 @ 5:19 PM
As an accountant and online business bookkeeper, there are two main cloud accounting programs that I use and recommend to my clients. Today I want to discuss the pros and cons of Freshbooks Cloud Accounting.  Freshbooks was originally created in 2003 when it's founder, Mike McDerment, became frustrated with using Word and Excel for his […] The post The Pros and Cons of Freshbooks Online Cloud Accounting Program appeared first on ...
Posted: Dec 29 2019 @ 7:07 PM
One of the most confusing parts of owning a business, is knowing how to do your business bookkeeping and taxes.   And now that you have started your blog, you want to make sure that you are doing things right.   Or maybe you've had your blog for a while now, but still aren't sure about what qualifies for […] The post The Ultimate Guide to Expense Deductions for Bloggers appeared first on Clarissa Wilson. ...
Posted: Nov 09 2019 @ 9:07 PM
There are two basis of accounting methods: cash basis and accrual basis. Every time I bring these two words up, no one knows what I'm talking about, so I don't expect you to know them either. Actually, it's probably why you are here reading this post.   Part of doing the accounting for your business is knowing […] The post Accrual or Cash Basis of Accounting: What’s the Difference? What do I use? ...
Posted: Nov 09 2019 @ 3:05 PM
One of the questions that I get asked on a regular basis is how to calculate the home office deduction for self-employed business owners. So let's break this down into easy to understand terms to help you understand if you and your online business qualify for the home office deduction. Qualifications of the Home Office Deduction​What actually […] The post The Ultimate Guide to the Home Office Deduction for Small Online Businesses appeared ...
Posted: Nov 02 2019 @ 8:02 PM
A business revolves around money. So whether or not you take care of your money in your business, can make or break your business.   If you don't make money in your business, then you don't have a business.   Now is the worst time to bury your head in the sand with your business finances. You need to […] The post Online Business Owner’s Guide to Small Business Finances appeared first on Clarissa Wilson. ...
Posted: Nov 01 2019 @ 7:46 PM
If you have your own business, you obviously want it to be financially successful. I've been in the accounting and auditing world for more than 10 years and have seen my fair share of businesses fail.   Businesses can fail because of simple mistakes or they can be more complex mistakes.   Let's look at the biggest money mistakes […] The post 9 Biggest Money Mistakes Businesses Need to Fix in Order to Become Financially ...
Posted: Oct 31 2019 @ 8:19 PM
Should you hire a bookkeeper? Or should you just keep doing your own business bookkeeping (even though you really don't have the time or even knowledge about what you are doing to keep doing your own)?   And if you are really honest with yourself, doing your own bookkeeping for your business just stresses you out!   It's not […] The post What to Expect When You Hire a Bookkeeper for the First Time appeared ...
Posted: Oct 29 2019 @ 5:53 PM
You've finally realized that you really do need to have separate bank accounts for your business and your personal money. It really does just make life so much easier having them separated. And it also makes your bookkeeping for your business that much easier too!  But now you don't know how to set up your business […] The post How to Properly Set up a Business PayPal Account for Your Online Business ...
Posted: Oct 18 2019 @ 7:13 PM


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