For tax professionals, the tax season ends on October 15. Its proximity to Halloween can make the deadline feel spooky. This 2020 tax season has several hidden aspects that can be either a trick or a treat.
Tax Accounting Information Center
We make understanding business, tax and accounting information easy with frequent topics and advice you can use now.
Occupational Fraud and the Small Businesses Impact
Are you prepared to lose 5% of your annual revenue to fraud? That's the amount Certified Fraud Examiners (CFEs) estimate is annually lost in the 2020 Report to the Nations issued by the Association...
Fractional CFO Explained In One Handy Guide
As professionals, we frequently throw around words forgetting that we're speaking in code or industry jargon. A new-ish term in the financial world is Fractional CFO (Chief Financial Officer). Huh?...
A Holistic Approach to Accounting
Our new clients often tell us that they want more than a transaction-based relationship with their CPA. Their old relationship felt one-sided and ended with a tax return handoff. Enter a holistic...
How To Organize Your Small Business Finances
As we approach the third quarter's end comes the realization that financial organizations are again pushed to the back burner... again. Usually, this leads to frantic internet searches to determine...
7 Ways a CPA Can Help Your Small Business Save Money
CPA... accountant... bookkeeper… they’re all the same, right? Wrong. Sure, a Certified Public Accountant (CPA) has the word accountant in it, but the profession can save money for small businesses...
No one LOVES Tax Planning – but it’s a necessity
No one LOVES Tax Planning – but saving money, maximizing deductions and making the most of your hard work is necessary.
Make More Effectively In This New Normal
We digress from accounting today to look at another critical business skill -- communication. Today we're going to dive into how to deeply connect with your clients and prospects and with greater...
Passing Down Your Family Business
There is now talk that Congress might enact automatic forgiveness for all PPP loans under $150K. This would relieve many small businesses (and their accountants!) everywhere. This decision enables...
Solving Problems with Effective Solutions
There’s this idea out there among many wannabe business owners that they must come up with the next completely fresh idea to have a great business. Thing is, most small businesses succeed because they learn the key is solving problems with effective solutions.