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US government shutdown: What is it and who would be affected?

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The end result is a set of accurate financial statements—an income statement and a balance sheet. By choosing a qualified Phoenix accounting firm to handle your company’s Phoenix bookkeeping, you free up time and energy to focus on other daily business tasks. You can also save money in the long run by catching and fixing financial problems sooner, avoiding late fees by paying all bills on time, and getting the data you need to make smarter decisions going forward. With Complete Controller you get the support you need, when you need it, at a price you can afford.

A protracted shutdown could “severely curtail” aid to schools, universities and other educational institutions, the department says. It also could delay funds that are due to be awarded later in the year. The Internal Revenue Service (IRS) would operate as normal, and all 83,000 employees would continue to be phoenix bookkeeping paid because the agency’s funding would not expire. Nutrition benefits provided to 7 million mothers through the Women, Infants and Children program would be cut within days, according to Agriculture Secretary Tom Vilsack. Military veterans’ benefits would also continue, according to a 2021 contingency plan.

Sechler CPA PC

Payments to defense contractors such as Boeing (BA.N), Lockheed Martin (LMT.N) and RTX (RTX.N), formerly known as Raytheon, could be delayed. Sept 25 (Reuters) – U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed “essential” would remain on the job, but without pay. With Bench, you get a team of real, expert bookkeepers in addition to software. You’ll always have the human support you need, and a mobile friendly platform to access your up-to-date financials. There are some times that we’ll request documents from you (like account statements or receipts), just to ensure the information we have is correct.

  • We’ve seen it all, and this on-the-ground experience gives us the unique insight to anticipate and plan for common issues your business may face.
  • From bookkeeping and payroll services to financial reporting and business insights, BooXkeeping is your all-in-one solution to make managing business finances easy.
  • With Bench, you get a team of real, expert bookkeepers in addition to software.
  • Ensuring that your employees are paid on time and accurately is critical to retaining top talent and keeping your business running smoothly.
  • Join hundreds of businesses that rely on us to handle their bookkeeping while you focus on growing your business.
  • Job description in the sense that, you might decide to hand over all financial statements of account for bookkeepers to deal with or you can just give out the important parts while you handle the little parts involved.

It is usually more expensive to get a bookkeeper full time for a duration of a year than getting someone who does the job part time on a monthly or hourly basis. We’ll work with you to connect accounts and pull the data we need to reconcile your books. The ability of the National Labor Relations Board (NLRB) to mediate labor disputes would be curtailed because almost all of its 1,200 employees would be furloughed, according to a 2022 plan. The U.S. Army Corps of Engineers would continue to operate locks, dams and flood control facilities.

Angel Bookkeeper

The Secret Service and the Coast Guard would also continue operations. Phoenix Bookkeeping Specialists has been working with me and my company for about two years and has proven to be one of the most valuable assets we have. In addition to bookkeeping skills, Dave has assisted me in maneuvering some of the very challenging economic issues that have come up, issues that without Dave’s counsel could have badly damaged my business. Dave has two degrees from Arizona State University – a Bachelor’s degree in Finance and a Master’s degree in Agribusiness.

Dave has spent the past twenty years processing financial data and getting information into the hands of decision makers. Prior to starting his own business, he spent a decade with Wells Fargo. While there, he worked as a loan officer, business banker, and an internal financial analyst for the bank’s IT division. We are a reliable, business partner who will pro-actively handle tasks, answer questions, and help contribute to your success. Join dozens of Phoenix businesses that already count on us to handle their bookkeeping.

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