Hallgren Bookkeeping

09/22/2026

This week, Banners on Bridges has a message commuters understand PAIN IN THE GA$

Diesel has climbed above $6.50 a gallon nationally, prices are squeezing household budgets, and the Federal Reserve just raised interest rates for the first time in three years.

Meanwhile, Trump, his family and America's 400 richest people are raking in obsence amounts of money.

09/18/2026

What do you think is the biggest error made in bookkeeping? My belief was taught years ago in real estate. Don't commingle funds! Separate business and personal bank accounts and credit cards are a must. A commingled bank account can misrepresent profits and real cash flow, they are red flag for the IRS, real expenses are difficult to validate, and can threaten LLC and corporate liability protection. All company money-in and money-out should flow through the business bank account.
If one is commingling business and personal monies, claims against a business can be made to be cured with personal assets. The business's financial position may be incorrect, either over- or under-stated. Both investors and lenders don't like sloppy books and commingled accounts.
The cure: First of all, of course, a business owner should keep personal and business banking separate, with different bank accounts and separate credit cards. Next, owner or partner(s)'s draw or salary should be formally entered as such.

Legal Consequences
Failing to keep business and personal finances separate can lead to serious legal consequences, including:
Theft Allegations: Fellow business owners or partners may view commingling as theft.
Fraud Concerns: Taking out a business loan and using the funds for personal expenses can be construed as fraud.
Industry-Specific Regulations: In certain industries, mixing business and personal finances is outright illegal.
https://alignedcpa.com/avoiding-the-pitfalls-of-mixing-business-and-personal-finances/
Connect with me on Quickbooks ProAdvisor https://proadvisor.intuit.com/app/accountant/search?searchId=brian-hallgren and LinkedIn https://www.linkedin.com/feed/update/urn:li:activity:7506747508346388480/

What do you think is the biggest error made in bookkeeping? My belief was taught years ago in real estate. Don't commingle funds! Separate business and personal bank accounts and credit cards are a must. A commingled bank account can misrepresent profits and real cash flow, they are red flag for the...

09/18/2026

Are you thinking about starting a business? Or find you're ready for a bookkeeper? Or thinking of hiring a new bookkeeper? Give yourself a boost to do it right. Setting up your books and keeping good up-to-date and balanced books can be daunting and time-consuming for a business owner, whether new in business or an experienced entrepreneur. Hallgren Bookkeeping is full-service and you can use it all or let me help you with some of your tasks. I can help set up your Quickbooks accounting system. To name some tasks: Chart of Accounts setup, A/R, A/P, Banking-Accounts & Feeds,Reconciliation, Sales Tax, Monthly P+L Statement and Balance Sheet, trend tracking, month-to-month comparison data reporting, Payroll: Employment documents(I 9, W2, W4, 1099, 940, 941, Wages, Benefit tracking, Wage tax liabilities), filing monthly & quarterly forms to year-end closing and seeing your profits increase because your books are accurate and current, with the help of Hallgren Bookkeeping. Call or DM me for a free no-obligation consult. I currently have an opening for you.

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09/18/2026

Allan Wiltshire posted a beautiful piece on LinkedIn about the things Dolly did that we may not know about. Dolly walked her talk and shared her heart. She wrote and sang that she would always love us-ALL OF US-, regardless. She also supported what became Dolly Parton's Children's Hospital in Knoxville, TN. Your contributions are invited and welcomed.

Learn all about Dolly Parton Children's Hospital in Knoxville, TN. We seek to improve the health of children through exceptional care, wellness, and education.

09/17/2026

Starting a business involves a lot of moving parts. I wish I had this information when I opened my furniture store years ago. A good plan will guide you to do the necessary things and make your new venture as successful as it can be.
https://quickbooks.intuit.com/r/starting-a-business/how-to-start-a-business/?_its=eF5Vj0sOgjAURffSsQj0_9iBA9dASj_SpFJTqgyMrN2njpzec3Jz75M8oiMDAa0d0woa4H3XcApTA8BZw5WdOATDbTDkQNZqqke9pLr3SoNUinZiT2ZxOx1BCKHH1edRSRYChU5Ypphw3CqtTe-8lZRp3UmsMrWWON1rzAsZnuR2n1JcZ1-w_ZLzJXl0XL6aiJhs23b8pUebr0iKD76Urz3XeluHtv13WpTsbJbFpxMe_E7D_cWes_s8wJXkhUGs_sN7QSV7vQFUmlLS

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09/17/2026

09/17/2026

Are you happy with your bookkeeper? Connect with me on LinkedIn so we can help each other. How can I help you? www.linkedin.com/in/brian-hallgren-bookkeeping

09/11/2026

The US economy is struggling with misguided government, a vanity war in Iran and deceptive lies from “leaders”. https://lnkd.in/gdcnav3z

09/08/2026

AI is everywhere and has been for years now. Remember Jeeves? AI. And still here on the web. Don't let AI scare you. Just be sure to put human eyes on transactions and categorizations. AI can speed things up but the accuracy is not 100%. You know what happens when we assume.

AI is everywhere and has been for years now. Remember Jeeves? AI. And still here on the web. Don't let AI scare you. Just be sure to put human eyes on transactions and categorizations. AI can speed things up but the accuracy is not 100%. You know what happens when we assume.