Episode 25

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Published on:

28th Dec 2024

Bench Accounting Shutdown What to Do Next

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 In today’s episode, Samantha tackles the sudden Bench Accounting shutdown that has left many small business owners scrambling to recover their financial data. If you’re feeling overwhelmed, don’t worry—this episode is packed with actionable steps to help you transition smoothly and protect your business moving forward.

In this episode, Samantha shares:

  • How to recover your data before it’s gone.
  • Steps to transition to a new bookkeeping system.
  • Tips to issue 1099s and prepare for tax season.
  • Advice on keeping your financials accurate and secure.

Key Dates to Remember:

  • December 30th: Bench releases client data for download.
  • January 31st: Deadline to issue 1099s to contractors.

Pro Tip: Prioritize downloading your data and issuing 1099s to contractors, then work through your financials month by month to ensure accuracy before tax season.

If this episode was helpful, please leave a review and share it with a fellow business owner in need. Remember, you’re not alone—help is just a message away. Let’s thrive together, even through the toughest transitions!

Connect with Samantha:

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

Pinterest: https://www.pinterest.com/firestormfinance/

Newsletter: https://firestormfinance.myflodesk.com/podcastnewsletter

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About the Podcast

Creative Minds, Smart Money: Finance & Business Tips for Creatives
Creative Minds, Smart Money is the go-to podcast for creative entrepreneurs who are ready to stop treating their finances like a side character in their business story. Hosted by Samantha Eck, bookkeeper and fractional CFO, this show breaks down the financial side of running a creative business into actionable steps that actually make sense.

Each week, we tackle everything from pricing strategies and cash flow management to making smart business decisions that keep your creative business thriving (yes, even during those slow months). You'll get real, practical advice on managing your money and growing your business while still having time and funds to enjoy what you love.

Beyond the numbers, we explore the full picture of creative business success - from marketing strategies to efficient systems - because building a sustainable business requires more than just good bookkeeping. And occasionally, I bring in industry experts to share their insights on taking your creative business to the next level.

Ready to turn your creative talents into a thriving business that actually pays you what you're worth? Hit subscribe and let's make it happen.

About your host

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Samantha Eck

Samantha Eck is the powerhouse behind Firestorm Finance, where she transforms messy financials into crystal-clear roadmaps for success. With six years of corporate accounting under her belt, a formal education in numbers, and the street cred of running two creative businesses, she’s uniquely equipped to help fellow creatives decode the story their numbers are trying to tell. When Samantha’s not wrangling QuickBooks, you’ll find her dominating on Xbox or curled up with a page-turner, her husband by her side and her pup Vivi keeping watch. She knows that clarity in the books leads to big, dreamy business moves. Ready to see for yourself? Tune into her podcast, Creative Minds, Smart Money, where she makes money talk feel like catching up with a friend.