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The ABC’s of Preparing Year-End Financial Reports
Preparing year-end reports ought to be the "crowning point" of every business' financial year. With proper planning, solid accounting practices, and expert financial...
Your Business’ Bottom Line
Small Business changes imposed by the coronavirus have been difficult to endure to say the least. Everything that we knew as "normal" went away and now,...
Two Major Things Small Businesses Want From Their CPA
No matter the size of the operation, all forward-thinking business owners employ the services of a Certified Public Accountant (CPA). As a business grows and becomes...
How to Overcome 9 Financial Challenges Facing Small Business
Let's face it. Small business is challenging. You have goals and a great vision for success. But there is so much to do! You have people challenges, competitive...
Finding The Right Business Structure For Your Business
Your business structure defines the legal status of your business. Each business structure comes with its own advantages and disadvantages as well as consequences for...
8 Important Year-Round Tax Planning Strategies
There is a certainty to paying taxes as Benjamin Franklin famously expressed, "In this world, nothing can be said to be certain, except death and taxes." Author Ann...
The Income Statement: An Important Tool for the Financial Health of Your Small Business
There are numerous metrics and data points that your small business should be tracking; one of the most important is business income. Indeed, an income statement is an...
Top 10 Business Tax Saving Ideas
You may have heard Ben Franklin's famous saying," 'In this world nothing can be said to be certain, except death and taxes." Business owners may not be able to avoid...
What is Happening with IRS Audits?
The IRS audit--it’s not a joke, even though many jokes have been made about audits and auditors. An IRS audit is simply a review or examination of an organization’s...