When you start your business, cash is always tight. However, as the business grows and fixed costs remain steady, there are often periods...

Planning Your Spending The mere mention of the word "BUDGET" sends shivers down many spines. Small business owners might think budgeting...

Ah, fall is in the air—when pumpkin spice lattes make their debut and colorful leaves hint at cooler days ahead—even if the temperature...

Business owners face a myriad of challenges and possibilities, with asset preservation and growth standing out as top priorities....

The recent events with Silicon Valley Bank (SVB) have affected business owners on multiple levels. While the initial reaction for many...

Cash or Accrual Accounting… you may have heard these terms or have even seen them in your accounting software. But what do they really...

LATE BREAKING NEWS...THIS HAS BEEN POSTPONED UNTIL 2023!!! So be proactive as a business owner! Many businesses and individuals will be...

Sales tax is the most confusing tax issue that is a day-to-day concern for small (and large) business owners. Getting sales tax wrong and...

Time for 1099 Planning The IRS needs you ... to make sure others are reporting their income correctly. There can be penalties for your...

Historically, business owners pull money out of their business at year-end. They have many reasons for the timing but often wait to see...

We hear this phrase on TV courtroom dramas, but it really applies to small business owners preparing their financials and tax returns....

With the passage of the Inflation Reduction Act, there is new concern that your business could be audited. While the risk of an audit is...

Most business owners use accounting software to record their transactions. Unfortunately, they often aren’t using all they’re paying for...

Inflation and recession. Words you hear everywhere right now. Where does this leave you as a business owner? How do you prepare for the...

One of the least understood aspects of being a small business owner is related to pay and income taxes. Often, this is due to not knowing...

Questions to ask yourself: Do you hate the flurry of activity to get your business reports to your tax advisor each year? Are you even...

Did your CPA just finish your taxes and ask you to sign? Does it make you cringe a little to sign because you have no idea if it’s really...

Your financial reports paint a clear picture of your business.

Once your business actually starts making some money, how can you pay yourself as a business owner for the work you do?

Do you have some business goals for 2021, besides increasing sales? Have you thought about how you might fund those goals?