What is Bookkeeping and why does your business need it?

|MD Accounting
📚 What is Bookkeeping and why does your business need it? 📊 Bookkeeping, or bank reconciliation, is the process of recording, organizing, and maintaining all of a business's financial transactions. It may seem overwhelming, but it's crucial to the long-term success of your business! Here's why: 1️⃣ Financial Control : Keeping a meticulous record of your income and expenses gives you complete control over your finances. You will know exactly where the money comes from and where it goes, allowing you to make more informed financial decisions. 2️⃣ Legal Compliance...
¿Qué puedes deducir en tu planilla de individuo en Puerto Rico?

What can you deduct on your individual tax return in Puerto Rico?

|MD Accounting
Did you know that you can make the following deductions? Deductions you can make on your individual tax return Mortgage Expenses Qualified medical expenses Donations to qualified entities Qualified Student...
¡Cambios en el crédito por trabajo! 😱 🧐

Changes in credit for work! 😱 🧐

|MD Accounting
Learn about the new changes this year. The Earned Income Tax Credit is a federal tax benefit designed to support those who work and have low or moderate income in...
¿Tienes en mente emprender un negocio en Puerto Rico?

Are you thinking about starting a business in Puerto Rico?

|MD Accounting
Checklist of what your business needs to operate It is very important that you seek the guidance of an accountant when starting your business, as there are a number of...
¿Tienes la contabilidad de tu negocio al día?

Is your business accounting up to date?

|MD Accounting
Keeping your accounting up to date offers a series of important benefits: Financial control: By keeping your accounting records up to date, you will be able to have greater control...
¿Y tú ya Emprendiste? 🧐

And have you already started? 🧐

|MD Accounting
Entrepreneurship is not just an option, it is the opportunity to materialize our dreams and turn our ideas into reality. It invites us to empower ourselves, to leave our comfort...
¡Un contable es la guía que tu negocio necesita! 👀

An accountant is the guide your business needs! 👀

|Maria Maldonado
Hello entrepreneurs! 🚀 Today I want to talk to you about something that could make a difference in your business: having an accountant to help you and guide you! An...