Bowen Arrow Financial Service

The small financial habits you build in your business today can create a much stronger foundation long term!

- Reviewing financial reports monthly
- Staying consistent with bookkeeping
- Planning ahead for taxes
- Separating business and personal expenses

What’s one business money green flag you are proud of right now?

Building a business requires resilience, confidence, and the ability to keep moving forward even during difficult seasons.

Some days will test you.
Some days will motivate you.
But your mindset can shape how you handle both.

What’s your favorite quote that keeps you motivated as a business owner?

When you think about your financial goals right now, are you more focused on making money, building wealth, or both?

Getting a large tax refund might feel like a win, but it usually means you overpaid your taxes.

That is money you could have used in your business throughout the year.

- Less cash available for expenses or growth

- Tighter cash flow than necessary

- Missed opportunities to use your money sooner

The goal is to get as close as possible to what you actually owe, not overpay.

If you are getting large refunds, it may be time to adjust your tax planning so your money works for you all year.

Send us a message or drop a comment below if you would like help making sure you are not overpaying on your taxes.

https://calendly.com/bowenarrowfinance/accounting-bookkeeping-consultation

A new month means new goals, fresh opportunities, and another chance to grow your business stronger.

June is the perfect time to:
- Clean up your bookkeeping
- Check your cash flow
- Plan for Q3

What’s one goal you want to accomplish before the end of this month?

More sales?
Better cash flow?
Cleaner bookkeeping?
More consistency?
Less stress?

Drop it below!

Which one best describes you?

Comment below with A, B, or C.

It is more common than you think, especially when you are busy running your business.

Just make sure you record it properly, keep documentation and receipts, so your books stay accurate and you do not miss the deduction.

Make sure to follow our page for practical bookkeeping, business, and financial tips.

If this sounds like you, we would love to work together

Send us a message or comment below for more details.

According to IRS guidelines, most small business owners should keep tax records for at least 3 years from the date the return was filed.

However, there are a few important situations to be aware of.

- You should keep employment tax records for 4 years.

- If you underreported income by more than 25 percent, keep records for 6 years.

- For bad debt or worthless securities, keep records for up to 7 years.

- If no return was filed or it was fraudulent, records should be kept indefinitely.

When in doubt, keeping records longer is usually safer than getting rid of them too early.

Make sure to follow our page for practical tax, business, and financial tips.

Intuit is phasing out QuickBooks Desktop 2023, with support, security patches, and add on services like payroll and banking ending on May 31, 2026.

After this date, there will be no more updates, security patches, or technical support. While the software may still open, it will become increasingly outdated and vulnerable over time.

If you are unsure what this means for your business or need help with your transition to QuickBooks Online or another solution, we are here to help.

Send us a message or comment below.

https://calendly.com/bowenarrowfinance/accounting-bookkeeping-consultation