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Entries by Jim McMahon

Can A Bookkeeper Prepare Tax Returns?

Bookkeepers and tax preparers both have essential roles in managing finances, but their core responsibilities are quite different. Many business owners and individuals ask: can a bookkeeper prepare tax returns? The simple answer is that it depends entirely on the bookkeeper’s qualifications and the complexity of the taxes involved. At Doherty & Associates, we regularly […]

Does Your Business Need CFO Services?

As your business grows, you might wonder if it’s time to bring in a Chief Financial Officer (CFO). But does your business need CFO services? This question often comes up when companies reach a certain size or financial complexity, or when business owners feel overwhelmed by financial management. Let’s explore what CFO services involve and […]

Is a Virtual Bookkeeping Service a good idea? 

Thinking about starting or using a virtual bookkeeping service? You are not alone in this consideration. Many entrepreneurs and small business owners are exploring whether this is a smart move, questioning if a virtual bookkeeping service is a good idea in today’s digitally driven economy. Let’s examine if a virtual bookkeeping service is a sound […]