How to Stay Compliant with Bookkeeping Regulations

Written By Natalie Schofield

Bookkeeping isn’t just about numbers—it’s about staying legal. Non-compliance can lead to fines or audits. Shine FinOps shares five ways to keep your small business compliant in 2025.

  1. Register Your Business

    Ensure you’re legally set up (e.g., LLC, sole prop) and have an EIN.

  2. File Taxes Correctly

    Know your deadlines (e.g., April 15) and report all income. Software helps.

  3. Keep Records

    Store receipts, invoices, and statements for 3-7 years for audits.

  4. Pay Employees Legally

    Use payroll software to handle taxes and forms like W-2s correctly.

  5. Work with a Pro

    Bookkeepers know changing laws—saving you from costly mistakes.

Shine FinOps Tip: Review your setup this week to catch gaps early.

Natalie Schofield https://www.shinedigitalservices.com/
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