I have worked with Bekki Cox of BC Accounting for over 3 years. I have found her to be professional, knowledgeable and efficient. She is approachable, quick to return phone calls and able to explain complex topics in a way that is understandable to non-financial types such as myself.
Bekki has been invaluable in working with the IRS to put a payment plan in place for past due amounts. Without her help, I would not have been able to put the necessary supporting information together to make a complete, comprehensive presentation to the IRS, which resulted in reduced penalties and a manageable payment plan.
Bekki has also worked tirelessly to clean up past years of outstanding federal income taxes for both the business and the sole proprietor’s personal accounts. She has helped me set up online accounts for paying state and federal employee tax withholdings and L&I payments to streamline our company’s processes. She has provided expert advice on how to make changes to the company to increase profitability and long term stability.
I whole-heartedly recommend Bekki to anyone needing accounting and tax services.
Sincerely,
Douglas Manuel
Office Director
Dr. Michele K Coleman & Associates, Inc.
douglas@dvman.us
BC Accounting Inc. Employee Earn Stringent Certified Fraud Examiner Credentials
Mount Vernon, WA | Aug 10, 2017
Rebekah (Bekki) Cox demonstrated knowledge in four areas critical to fraud prevention: Fraudulent Financial Transactions, Fraud Prevention and Deterrence, Legal Elements of Fraud and Fraud Investigation to Meet Association of Certified Fraud Examiners Requirements for Certification
BC Accounting Inc. today announced the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization and leading provider of anti-fraud training and education, has awarded Bekki Cox, the globally preferred Certified Fraud Examiner (CFE) credential. In order to become a CFE, Bekki met a stringent set of criteria and passed a rigorous exam administered by the ACFE.
Bekki joins the ranks of business and government professionals worldwide who have earned the CFE certification and successfully met the ACFE’s character, experience and education requirements for the CFE credential. Bekki demonstrated knowledge in four areas critical to the fight against fraud: Fraudulent Financial Transactions, Fraud Prevention and Deterrence, Legal Elements of Fraud and Fraud Investigation.
Bekki met the rigorous standards of the ACFE in order to become a CFE and made an ongoing commitment to obtain 20 hours of continued professional education annually in order to maintain the CFE credential and remain compliant with the ACFE. This ongoing commitment ensures that Bekki remains educated in areas of fraud detection, deterrence, and business ethics; this is crucial in recognizing the warning signs of fraud and implementing processes that prevent it –benefiting our clients as well as our company.
About BC Accounting Inc
BC Accounting Inc. is a local accounting service company located in Mount Vernon, WA. Founded in 2006, BC Accounting Inc. provides a wide range of personal, commercial, and small business accounting and tax preparation. For more information about BC Accounting Inc., call the office at (360) 419-5222 or visit the website at bcaccountinginc.com.
We got this!Whether your family has owned the neighborhood’s go-to sports retail store for decades or you are planning to open your very first venture, small business owners usually have a lot on their plate. From keeping track of their inventory to day-to-day business decisions, there’s no shortage of work to be done. Among these tasks is regular bookkeeping.
Proper bookkeeping is vital to any business. As such, one cannot do it haphazardly or half-heartedly. Small business owners must meticulously record all their financial moves to help them make the right business decisions. Similarly, proper bookkeeping can help prevent stunting growth, clogging cash flow, and/or attracting undue attention from the IRS. With that in mind, do take care to avoid the following common mistakes:
Writing Entries When “There’s Time”
Considering how important bookkeeping is for your business, you should be more proactive with this task. Doing your books “only when you have the time” is a surefire way to lag behind with your entries. A few days can quickly become a few months, making backtracking even harder and opening the doors for mathematical errors.
It’s best to set aside time every week to do your bookkeeping. Creating a schedule helps you stick to that schedule. If time truly is a luxury you do not have, you may want to consider hiring a bookkeeping firm, such as BC Accounting, to handle your books for you.
Throwing Away Your Receipts
Many people throw away their receipts without a second thought. Hopefully, you aren’t one of those people. Keeping and organizing your receipts is your best bet when you need answers to any mistakes or gaps you may find in your records. Similarly, your receipts can offer additional deduction opportunities when computing your taxes.
Mixing Business and Personal Finances
Never ever mix your business and personal finances together. Doing so can muddle your records, making it difficult to keep track of what was used for business and what expenses are related to personal use only. Additionally, separating your finances into two different accounts makes it easier for the IRS to go through your financial statements. After all, they don’t have to decipher why you charged tickets to the latest Macklemore concert to your business.
Treating Bookkeeping as a Chore
Make no mistake; bookkeeping isn’t something you do “because you have to”. It’s more than just taking note of how your business is doing financially. Bookkeeping also serves as a powerful reporting tool, providing you accurate data regarding the business decisions you’ve made and how your business has fared since then. This lets you make adjustments as necessary to help your business thrive further.
