The Turnkey CFO Blog

Practical bookkeeping, cash flow, and financial-clarity guidance for small business owners — written to help you make better decisions about your money.

Cash flow & financial reporting for owners

How to Read Your Small Business Financial Statements Without an Accounting Degree

Seven myths about small business financial statements, corrected with a $1.2M services-business walkthrough of the P&L, balance sheet, and cash flow statement.

August 2026
Hiring & outsourcing bookkeeping (Austin local)

In-House vs Outsourced Bookkeeping: What One Company's Real Numbers Showed

In-house vs outsourced bookkeeping, traced through one Austin company's real numbers: the loaded cost of a W-2 hire, the hidden risks, and how to compare.

August 2026
Financial health & decision-making

How to Know If Your Business Is Financially Healthy: Run These Six Checks

How to know if your business is financially healthy: six checks you can run using numbers already in your books, each with a pass, warning, or act threshold.

August 2026
Church & nonprofit bookkeeping

Church Financial Management Services: What They Cover and Who Actually Needs Them

Church financial management services explained: what each level covers, a four-question decision framework for pastors and boards, and what stays in-house.

August 2026
Hiring & outsourcing bookkeeping

Finding Bookkeeping Services Near Me: Why Location Matters Less Than Fit

Searching bookkeeping services near me? Here are 7 things that actually decide fit — industry knowledge, your software stack, response time, and Texas-specific filings.

August 2026
Church & nonprofit bookkeeping

The Monthly Church Board Financial Report Template Every Treasurer Should Hand the Elders

A church board financial report template that fits on one page: giving trend, fund balances, cash runway, and the variances your elders will actually ask about.

August 2026
Tax-season readiness and working with your CPA

The Small Business Tax Preparation Checklist: Everything Your CPA Needs Before Filing

A small business tax preparation checklist built from one real reconciliation: every document, account, and adjustment your CPA needs before your return is filed.

August 2026
Church financial operations and fund stewardship

Church Treasurer Resigned What to Do in the First Two Weeks

Church treasurer resigned? What to do in the first two weeks: secure access, check payroll filings, reconcile the books, and verify restricted fund balances.

July 2026
Church financial operations and fund stewardship

The Church Fund Balance Report: What It Shows and How to Read It

Your church fund balance report, not the bank balance, shows what you can actually spend. A worked example separating restricted, designated, and general funds.

July 2026
Church payroll and clergy compensation

How to Run Payroll for a Church: A Run-Today Audit for Clergy, Staff, and Contractors

How to run payroll for a church, audited line by line: dual-status clergy, W-2 staff, and 1099 contractors — with what a pass and a fail look like for each.

July 2026
Church financial operations and fund stewardship

How to Manage Church Finances: A Practical Guide for Pastors, Treasurers, and Finance Teams

How to manage church finances week to week and year to year: counting controls, fund tracking, board reporting, clergy pay rules, and annual filing deadlines.

July 2026
Church & nonprofit bookkeeping

Tracking Designated Giving in QuickBooks: Designated vs. Undesignated Funds

Tracking designated giving in QuickBooks comes down to two methods. Here's the class + net-asset structure that keeps building and benevolence funds defensible.

July 2026
Church and ministry finance operations

Church Financial Management Guide: Myths That Cost Small Churches Money and Trust

A church financial management guide that debunks the myths costing small churches money and trust — fund structure, the giving-to-deposit chain, and board reporting.

July 2026
Choosing and working with a bookkeeper

How to Choose a Bookkeeper for Your Small Business (Without Guessing)

How to choose a bookkeeper for your small business: a nine-step walkthrough covering scope, close cadence, software, cleanup, access, and a trial month.

July 2026
Getting behind books under control

Behind on Bookkeeping What to Do: A Step-by-Step Plan to Get Fully Caught Up

Behind on bookkeeping and unsure what to do? A start-to-finish catch-up plan: how far back to go, recovering old records, and handling tax filings safely.

July 2026
Payroll, contractors & tax compliance

How to Pay Yourself as a Small Business Owner: A Decision Tree for LLC and S-Corp Owners

How to pay yourself as a small business owner: a decision tree covering owner's draw vs. reasonable salary, the real S-corp threshold, and the books setup.

July 2026
Payroll, contractors & tax compliance

Small Business Payroll and Contractor Compliance: 7 Rules That Decide How Bad an Audit Gets

Small business payroll and contractor compliance turns on the 1099. How worker classification, Section 530 relief, and the new $2,000 threshold really work.

July 2026
Cash flow & financial reporting

Profit vs Cash Flow Small Business: Why Your P&L Looks Great but the Bank Account Is Empty

Profit vs cash flow small business: why a profitable P&L leaves your bank account empty, plus the four cash traps and a diagnostic you can run this week.

July 2026
Cash flow & financial reporting

Small Business Financial Reports: The Three Numbers That Should Change How You Run the Month

The three small business financial reports every owner should read monthly — P&L, balance sheet, cash flow — and what each reveals about hiring and cash.

July 2026
Church and nonprofit bookkeeping

Church Payroll and Clergy Taxes: The Rules That Trip Up Most Churches

Church payroll and clergy taxes confuse most boards. Learn housing allowance, SECA vs FICA, dual tax status, and how to run clergy pay right in Gusto or QBO.

July 2026
Church and nonprofit bookkeeping

Designated Funds Church Accounting: Rules, Restrictions, and How to Track Them

Designated funds in church accounting are widely mishandled. Learn which gifts are truly restricted, the IRS control rule, and how to track funds in QuickBooks.

July 2026
Catch-up & cleanup bookkeeping

How to Catch Up on Bookkeeping: The Run-This-Today Audit

Learn how to catch up on bookkeeping with a run-today audit. Each item shows what a pass vs. a fail looks like, plus the deadlines and penalties that pile up while books sit undone.

July 2026
Church and nonprofit bookkeeping

Fund Accounting for Churches: The Questions Pastors and Treasurers Actually Ask

Fund accounting for churches explained through the real questions treasurers ask: what it is, how it differs from business books, and how to track funds in QBO.

July 2026
Payroll and contractors

Small Business Payroll Basics: How Payroll Really Works — and the Stack That Keeps It Sane

Small business payroll basics explained: pay frequency, payroll taxes, filings, contractor vs employee, and the Gusto + QuickBooks stack that runs it without chaos.

July 2026
Church & nonprofit bookkeeping

Church Bookkeeping Services: The Complete Guide for Churches and Ministries

Church bookkeeping services explained: fund accounting, designated giving, clergy payroll rules, and board-ready reports — plus the myths that get ministries in trouble.

June 2026
Outsourced & Austin bookkeeping services

Small Business Accounting Services Austin: What an Outsourced Bookkeeping Partner Actually Does

Small business accounting services Austin, walked through one owner's first 90 days with an outsourced bookkeeping partner: close, payroll, AP/AR, CPA handoff.

June 2026
Small business bookkeeping basics

Catch-Up Bookkeeping: How to Fix Months (or Years) of Behind Books

Catch-up bookkeeping done right: the exact step-by-step process to reconstruct months or years of behind books, what to gather, how long it takes, and what 'done' looks like.

June 2026
decision

QuickBooks vs Hiring a Bookkeeper: How to Decide What Your Business Actually Needs

QuickBooks vs hiring a bookkeeper — a clear decision framework for small business owners. Walk the if/then branches and choose software, a person, or both.

June 2026
decision

Outsourced vs In-House Bookkeeping for Small Business: 7 Trade-Offs That Decide It

Outsourced vs in-house bookkeeping for small business, decided honestly: 7 trade-offs across cost, control, and scale, and exactly when each one wins.

June 2026
informational

1099 Filing Deadline 2026: What Small Businesses Need to Know

The 1099 filing deadline 2026 lands on Monday, February 2. Here's who needs a 1099, the dates that matter, penalties for missing them, and how to stay clean.

June 2026
Cash flow management

How to Read a Profit and Loss Statement: The Four Numbers That Actually Drive Decisions

Learn how to read a profit and loss statement using one real, fully worked example, plus the four numbers that quietly drive every decision an owner makes.

June 2026
Hiring and outsourcing a bookkeeper

Finding a Bookkeeper Near Me: An Owner's Buying Guide

Searching 'bookkeeper near me' and not sure who to trust? An Austin founder walks through what local really means and how to vet a bookkeeper for your industry.

June 2026
Church & nonprofit bookkeeping

The Pastor's Guide to Church Financial Management: A Run-It-Today Audit

A run-it-today church financial management audit for pastors and boards — covering fund accounting, money handling, clergy payroll, donor compliance, and reporting.

June 2026
Hiring & outsourcing bookkeeping

Small Business Bookkeeping Austin: A Local Owner's Guide

A straight-talking Austin owner's guide to small business bookkeeping: franchise tax, no state income tax, sales tax, and the local rules that trip people up.

June 2026
Church & nonprofit bookkeeping

QuickBooks Online for Churches: Setup, Classes, and Fund Tracking

QuickBooks Online for churches has no true fund accounting, but classes and projects can mimic it. Here's the exact setup to track restricted funds cleanly.

June 2026
Church & nonprofit bookkeeping

Church Bookkeeping Guide for Pastors: Clean Books, Clear Funds, Trustworthy Reports

A plain-English church bookkeeping guide for pastors: how fund tracking works, what belongs in the monthly board report, and when to bring in outside help.

June 2026
Bookkeeping fundamentals & hiring

How to Do Bookkeeping for Small Business: The Owner's Playbook for Clean Books in 2026

A founder's playbook for how to do bookkeeping for small business: the setup, the monthly close rhythm, the numbers that matter, and where DIY breaks in 2026.

June 2026
Church and nonprofit bookkeeping

Church Bookkeeping: A Complete Guide to Fund Accounting and Compliance

A practical church bookkeeping guide for administrators: fund accounting, designated giving, clergy payroll, the monthly close, and the reports your board needs.

June 2026
Payroll and contractors

1099 vs W-2 Contractor: How to Classify Workers Correctly

1099 vs W-2 contractor confusion costs owners thousands in back taxes and penalties. Learn the IRS test, real service-business examples, and how to fix it.

June 2026
Small business bookkeeping basics

Small Business Bookkeeping: The Complete Guide for Owners in 2026

A plain-English small business bookkeeping guide for 2026: what it really is, the monthly close rhythm, the right tools, the reports that matter, and when to get help.

June 2026
Church & nonprofit bookkeeping

Bookkeeping for Churches: The Complete Guide for Pastors and Boards

A plain-English guide to bookkeeping for churches: fund accounting, restricted gifts, clergy pay, board reporting, and when to bring in outside help.

June 2026
Cash flow management

Cash Flow Management for Small Business: An Owner's Practical Guide

A practical guide to cash flow management for small business owners — read your cash position, build a 13-week forecast, and make confident weekly decisions.

May 2026