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Big Bird Accounting

Why Law Firm Owners Suck at Tax Strategy

Discover the biggest mistake law firm owners make with their tax strategies. Christopher Small of Big Bird Accounting explains why attempting to tackle everything at once leads to overwhelm and procrastination. Instead, he advocates for a methodical approach, focusing on

Should you pay quarterly estimated taxes?

Are quarterly estimated taxes really worth the hassle? In this video, Christopher Small from Big Bird Accounting explores the ins and outs of paying these taxes. Learn when you’re required to start paying, how much you should set aside, and

Two reasons you should not put your spouse on your small business payroll.

I have heard other small business accountants say you should put your wife on your payroll. They talk about being able to use that income to invest more into retirement accounts and save more on taxes. But is that always the best idea? Here are two reasons it’s NOT a good idea to put your spouse on your payroll.

What are retained earnings?

In this episode of Accounting Insights, Christopher Small dives deep into the topic of retained earnings. He breaks down what retained earnings are, why they matter, and how they impact your financial statements. We’ll explore how to calculate retained earnings, the role they play in business growth, and strategies for managing them effectively. This episode provides essential insights and practical tips on making the most of your retained earnings. Tune in to enhance your accounting knowledge and optimize your financial strategy!

What is a P&L?

What is a P&L? At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can

Double entry accounting explained… kind of.

Double entry accounting explained… kind of. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so