Q+A with a CPA: How to Handle Home Business Taxes Like a Professional

Soap Business Tax Answers

A lot of great soap companies got their start in home kitchens, spare bedrooms, and garages. And we think that’s awesome! Creating great products in the comfort of your own home is totally doable. But, it also leads to a lot of questions to make sure you don’t have any nasty surprises come tax time. […]

Q+A with a CPA: Keeping Track of Your Inventory for Tax Purposes

Cut Bars of Obsidian Soap

This time of year, folks tend to ask a whole lotta questions about managing their inventory, what to count and what not to count, and the best practices to keeping¬†track of inventory throughout the year. Since I’m not a bookkeeper or CPA by trade, I try not to touch those questions with a ten foot […]

Ready to Outsource Your Bookkeeping? Here’s What You Need to Know

I’m constantly recommending that other folks outsource the parts of their businesses that they aren’t the best at, and for a lot of¬†soapmakers, that’s bookkeeping! So, today, we’re diving into what you should know to outsource your bookkeeping, straight from a CPA’s mouth. ūüėČ Over a¬†year and a half ago, I took that very piece […]

Getting Started with Bookkeeping for Handmade Businesses

Q+A with a CPA: Getting Started with Bookkeeping

Over a year and a half ago, I was tearing my hair out over the mess of bookkeeping records I had kept in Wave Apps for my first year in business with Modern Soapmaking. After staring blankly at my computer screen for hours on end trying to understand why my numbers weren’t adding up, I […]