Janine Anderson's Accounting Solutions

Today Janine is choosing to acknowledge and celebrate Brotherhood/Sisterhood Week! It is celebrated annually during the third week in February and as part of this, she'd like to share its importance to Janine and her family. Brotherhood and sisterhood can take many forms. For her family, even though Janine's children are siblings by marriage, they all consider themselves true brothers and sisters instead of using "step" as part of the description. Whether you’re born with different parents or the same parents as Janine and her sister, let’s take the time to celebrate the brothers and sisters we have been blessed with and tell them how much they mean to us. Pictured: Our four children from left to right: Bella, Evan, Ben, Gianna AND Janine with her sister, Jennifer. #janineandersonsaccountingsolutions #CelebrateWithLove

As part of Celebrating Clients: Our Shining Stars series, we're featuring another one of our amazing clients. Today is a client testimonial from UpTwn Kix, owned by Christopher Saldarriaga, which offers an exclusive selection of men’s, women’s and kid’s shoes that come from all over the country right here in Jamestown! Check out the glowing things Chris has to say about Janine Anderson’s Accounting Solutions! #janineandersonsaccountingsolutions #CelebratingSuccess #clienttestimonial

Welcome to the continuation of the “Let’s Get Organized” series. Today is the 2nd bookkeeping tip which focuses on the importance of separating business and personal finances. We hope you find this helpful! Mixing business with your personal finances is a quick and easy way to mess up your business’s finances. The first step to take when you open a business is to open a business checking account. If you are a sole proprietor, Janine recommends using the same bank you use for your personal banking for the ease of paying yourself. Be sure to run all income and expenditures through this business bank account. If your business collects sales tax, be sure to have a separate sales tax checking account to transfer sales tax from your business account to your sales tax account. This ensures money is set aside to pay your sales tax when sales tax returns come due. New York State is starting to clamp down on businesses who are not paying their sales tax via a designated sales tax checking account. If you do not have a designated sales tax checking account, get one. Bottom line, keep your personal and business accounts separate for more concise and pain-free record keeping. Would you like assistance with completing your weekly, bi-weekly, or monthly payroll? Look no further! Janine Anderson’s Accounting Solutions can assist you with all your payroll needs. Contact Janine today via private message or email: janine@jandersonsaccountingsolutions.com. ONLY 2 WEEKS LEFT: Sign up with Janine Anderson’s Accounting Solutions before February 28, 2025 and get 1 month of FREE payroll services! #janineandersonsaccountingsolutions #bookkeeping #tipoftheweek

Given the accounting services Janine offers, she works with a lot of different businesses, but the interesting thing is they can be clustered into a few different sectors. Over the coming months, as part of the Celebrating Clients: Our Shining Stars series, we will sprinkle in some posts of the different sectors she works with and a little bit about each business or organization within that sector. The first sector to be featured is churches. Janine is proud to say that she works with the following organizations: • Conduit Ministries which is a nondenominational church in Jamestown, NY whose mission is to LIVE like Jesus. LOVE like Jesus. SERVE like Jesus. • The Rock Church is a growing non-denominational church in Lakewood, NY whose mission is to help all people Know God, Find Freedom, Discover Purpose, and Make a Difference in their world. • Zion Lutheran Church, located in Frewsburg NY, is a gathering place of God's people dedicated to learning, sharing, and spreading the love and word of God. If you are looking for a place to worship that is more than a church, we encourage you to find out more about all three of these organizations to see if one is a good fit for you. You won’t be disappointed! #janineandersonsaccountingsolutions #BusinessSector #church

If you’re like a lot of people who have worked for an employer for a while, it’s easy to forget that you can update your tax withholdings at any time. Today’s payroll tip guides you on how and when to best do this. Employers are obligated to withhold taxes on behalf of their employees, but they rarely can advise them how much to withhold from each paycheck. Deciding on how much to withhold is often very confusing for employees and more than not, employees who have been with a company for an extended period never adjust their withholding by completing new withholding forms. Employees can update their withholding forms any time throughout the year. They simply ask their employer to update their withholdings. Now to decide whether to update your withholding. If your prior year income tax return had you owing the government, you are definitely going to want to adjust your withholdings, especially if your income is going to increase or remain the same. Remember, the more allowances you claim, the less amount will be withheld from your paycheck. If you’re looking to generate a larger refund or owed on the prior year tax return, you want 0 allowances and may need to add an additional amount to the “extra withholding” line. Please note increasing your income tax withholding causes a reduction in the net amount of your paycheck. Ideally you want your annual withholding and your tax liability for the year to be close. I recommend double checking withholdings on your pay stubs at the start of each year and mid-year. If you’ve had a major life change like buying a home, getting married, or having a child, be sure to check your withholdings to be sure you’re still on track. When in doubt, the IRS has a tax withholding estimator you can use, or you can always reach out to your tax preparer. Link for IRS Tax Withholding Estimator: https://lnkd.in/g9nq8HX Struggling to keep up with preparing, filing, and submitting payroll reports and taxes to the State and Federal governments? Let Janine Anderson’s Accounting Solutions do this for you! Contact Janine today via private message or email: janine@jandersonsaccountingsolutions.com. Sign up with Janine Anderson’s Accounting Solutions before February 28, 2025 and get 1 month of FREE payroll services! #janineandersonsaccountingsolutions #payrollservices #tipoftheweek

January is often the time of new beginnings and we're excited to premiere a new segment of posts as part of the Celebrating Clients: Our Shining Stars series. Janine regularly shares information about her clients’ businesses and thought it would be fun to feature a storytelling segment titled “Janine’s Story” which talks about the relationship and history she has with her clients, as well as the specific services provided. Today we're featuring our first Janine’s Story which highlights 5th Street Sunoco. Janine has had the pleasure of knowing Dan Nocero and his sons, JR and Robert who also work at 5th Street Sunoco, for over 13 years. She considers them not only clients, but friends. She met them through another firm she worked for, and they immediately hit it off. They love to joke around and so does Janine. She would always set aside mini-Snickers bars for Dan from the candy dish as he would come in weekly digging through the candies and ask where all the Snickers were. She would then reach into her desk drawer and surprise him with his favorite candy. This was the start of a great relationship with Dan. From the beginning, Dan encouraged Janine to start her own business and when she did, he was quick to say, "wherever you go, I will go”. He always has her business cards next to his register to hand out, and his support and loyalty mean a lot. Since 2016, Janine has provided the following services: sales tax, tire tax, and payroll. She thoroughly enjoys working with Dan and his family! Thank you, Nocero family, for putting your trust in Janine! We hope you’ve enjoyed this little behind the scenes look into Janine's story with 5th Street Sunoco. #janineandersonsaccountingsolutions #storytelling

Hello! Today’s Tuesday Tip of the Week is a business advising tip that focuses on knowing the difference between cash flow and profit. Many people believe cash flow and profit in a business mean the same thing. They most definitely are not the same. Cash flow is the money which flows in and out of the business from financial activities, investments, and other operations. Profit is the money that remains from sales revenue after the business expenses are subtracted. Even a profitable company can go broke. Here’s an example: suppose you bought an item for $100 and sold it for $200. In this situation, you made $100 profit. However, what if the buyer cannot pay you on time? In this case, your business will show the profit—but what about the bills you need to pay in the meantime? You may not have the cash despite the profit you just earned. If this happens repeatedly, a business could go bankrupt. Bottom line, keep track of things you are spending versus selling. In addition, be sure to review all your financial statements monthly to get a clear sense of your business situation. Looking for someone to assist you with preparing W2s and 1099s? Janine Anderson’s Accounting Solutions is here to help! Contact Janine today via private message or email: janine@jandersonsaccountingsolutions.com. Sign up with Janine Anderson’s Accounting Solutions before February 28, 2025 and get 1 month of FREE payroll services! #janineandersonsaccountingsolutions #businessadvice #tipoftheweek

As part of today’s Celebrating Clients: Our Shining Stars series, we're featuring a testimonial from Javier and Jenniffer Santiago, owners of The Art of Flavors, which is a family-owned and operated authentic Mexican restaurant located on Fairmount Avenue in Jamestown, NY. Their menu has something for everyone with a wide range of Mexican cuisine, desserts, and delicious Mexican beverages! #janineandersonsaccountingsolutions #SmallBusinessSuccess #clienttestimonial

During these long, cold winter months, who doesn’t want a wonderful bowl of hot soup to warm you inside and out? In honor of Soup Swap Day, there’s no better time for Janine to share one of her favorite quick, easy, and healthy go to soups. Give it a try and please feel free to share one of your favorite soup recipes in the comments! Cabbage and Chicken Italian Sausage Soup Recipe Ingredients: • 1/4 tsp olive oil • 1/2 cup white onion chopped • 12 ounces precooked chicken Italian sausage sliced • 4 1/2 cups chopped cabbage • 15 oz. can of cannellini beans with juice • 2 cups reduced sodium chicken broth • 2 cups water • Pinch of crushed red pepper flakes • 1/2 tbsp salt or more to taste • 1 tsp pepper • 1 tsp lemon juice fresh squeezed • Chopped fresh parsley for garnish • Grated parmesan (Optional - sometimes add when eating it.) Instructions: Preheat your pot on medium heat. When hot, add olive oil, and your chopped onions. Sauté for 1-2 minutes. Then, add the sausage and sauté another 1-2 minutes. Next, add your cabbage and stir to coat your cabbage. Then, add the chicken broth, water, lemon, crushed red pepper flakes, salt, and pepper. Reduce heat to low and simmer for 5-10 minutes. Once the cabbage is tender, turn the heat off and add your cannellini beans with juice. Stir and serve. Let Janine Anderson’s Accounting Solutions take the stress off your shoulders of running payroll. Have peace of mind knowing your payroll reports and tax payments are filed timely and accurately while avoiding hefty penalties! Contact Janine today via private message or email: janine@jandersonsaccountingsolutions.com to learn more about her payroll services. GREAT NEWS: Janine has extended the payroll promotion! Sign up with Janine Anderson’s Accounting Solutions by February 28, 2025, and get 1 month of FREE payroll services. #janineandersonsaccountingsolutions #soupswapday

Welcome to another week of Celebrating Clients: Our Shining Stars series where we're featuring one of our amazing clients, Chautauqua Flooring Services. Chautauqua Flooring, owned by Mike Hutley, is a locally owned and operated flooring installation company in Jamestown, NY. With 10 years’ experience, they provide hardwood refinishing and repairs as well as installation on all floor types including carpet, vinyl, laminate, hardwood and ceramic in both residential and commercial settings. They serve all of Chautauqua County and surrounding areas. Please contact them at 716-490-8082 for an appointment. Follow them on Facebook: https://lnkd.in/gDev_yki #janineandersonsaccountingsolutions #SmallBusinessSuccess #CelebratingSuccess