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The FABS Ledger


5 Reasons You Should Take Time Off
“I haven’t had a vacation in years.”, is a sentence I’ve heard many clients and potential clients state throughout the years I’ve been in...
Sheri-Lynn Fournier
Jan 16, 20193 min read
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5 Things to Know about the New Tax Laws as a Business Owner
What do you as a small business owner need to know regarding the tax changes that took effect with the passing of the Tax Cuts and Jobs...
Sheri-Lynn Fournier
Aug 14, 20182 min read
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5 Tips to Keep Your Side Hustle from Turning into a Major Headache!
It seems as if suddenly everyone has a side hustle. Your sister is selling essential oils, your brother-in-law is flipping houses, your...
Sheri-Lynn Fournier
Jun 25, 20182 min read
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Get To Know Your Financial Reports: The Profit & Loss Statement
The Profit & Loss or Income Statement is everyone’s favorite financial report. But do you really understand what is and isn’t included...
Sheri-Lynn Fournier
Mar 12, 20183 min read
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Get To Know Your Financial Reports: The Balance Sheet
The balance sheet is a financial report that’s loaded with information, yet often overlooked by business owners who want to know How much...
Sheri-Lynn Fournier
Feb 22, 20182 min read
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Choosing the Right Tax Preparer for Your Business
It’s that time of year again and many business owners are looking to their tax preparer to help them file their tax return, reduce their...
Sheri-Lynn Fournier
Jan 17, 20183 min read
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Preparing your Business for Bad Winter Weather
Winter is upon us, and here in New England, that means snow and ice are just around the corner. Severe snow and ice storms, which can cut...
Sheri-Lynn Fournier
Dec 8, 20173 min read
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Three Major Time Wasters for Business Owners
Time Management = Cash Management We’ve all heard the saying “Time is Money.” This is especially true when it comes to running your own...
Sheri-Lynn Fournier
Sep 27, 20173 min read
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3 Bookkeeping Tasks You Should Automate
Staying on top of your bookkeeping and knowing where your finances stand is one of the keys to running a successful, thriving business. ...
Sheri-Lynn Fournier
Aug 28, 20172 min read
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4 Things to do This Summer to Make Tax Time Easier
Summer is not the time when most business owners are thinking about taxes. We tend to be more focused on vacations, barbecues, beach...
Sheri-Lynn Fournier
Jul 17, 20173 min read
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Are You Enjoying a Hobby or Running a Business?
Many successful businesses began as a hobby and grew to be a business. But some businesses also become hobbies. Why? Because their owners...
Sheri-Lynn Fournier
Jun 9, 20173 min read
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4 Professional Services Your Small Business Should Outsource
Are you spending so much time and energy trying to be an expert in every aspect of your business that you aren’t enjoying the benefits of...
Sheri-Lynn Fournier
May 11, 20173 min read
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The Difference Between Bookkeepers, Accountants, and CPAs
The terms bookkeeper, accountant, and CPA are often used interchangeably and frequently cause confusion to those not in the financial...
Sheri-Lynn Fournier
Mar 10, 20172 min read
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Records You Should Keep for Your Business Taxes
If you’re like most business owners, you’ve started boxing up files, paperwork, and payroll records for 2016 to make room for what will...
Sheri-Lynn Fournier
Feb 9, 20173 min read
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Stop Wasting Time on 1099s
It is that time of year…Small business owners all over the country are spending time gathering information from their vendors and...
Sheri-Lynn Fournier
Jan 12, 20172 min read
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Holiday Related Business Deductions
Accounting guidelines for holiday parties, gifts, and bonuses ‘Tis the season for giving. During the holidays, many businesses reward...
Sheri-Lynn Fournier
Dec 20, 20162 min read
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