2020

  • How To Keep Business Running With A Cash Flow Projection

    Do you forecast your cash flow needs? Most small businesses struggle with cash flow — not just earning enough in the long term to make a profit, but actually having enough cash on hand to pay bills as they arrive. If you find yourself in this situation on a regular basis, a cash flow projection can help. Here's how you and your bookkeeper can create one.   1. Enter Invoices Early [Read More]

  • Self-Employed? 5 Times to Independently Review Income Tax Returns

    When you are self-employed, you juggle many different tasks. Income tax filings are one of the many — but also often one of the least welcomed. So few people would want to revisit their income tax filings a second time. However, it can be a good idea in a few circumstances. What are some of these? And why? Here are five of the most important.  1. When You Lack Confidence in Your Accountant [Read More]

  • 5 Ways A Business Accountant Can Help Your Company Grow

    No matter what kind of business you run, it's important to keep your financial matters in order. Many businesses struggle with doing this, so they hire a business accountant to take over certain matters. This can free up time and allow them to focus on other business needs. If you're not currently using a business accountant, it may be time to think about hiring one. They can help you grow your company. [Read More]

  • 5 Tips To Make Tax Season Less Stressful

    No one likes paying tax or filing taxes, but it's something that needs to be done. You want to make sure that you always stay on top of your taxes so that you don't face expensive fines and get more and more in tax debt. There are some things that you can do to make tax season a lot easier and to feel less stress. Keep reading for some helpful tips that can make tax season less stressful: [Read More]

  • 5 Indicators That You Have a High-Quality Business Accountant

    When you hire an accountant for your business, you need to be able to trust and have confidence in them. Because most business owners aren't accounting experts, they rely on indicators to have that confidence. What are some things to look for that indicate you have a quality accountant? Here are a few.  1. They Communicate Well. Can your accountant translate accounting concepts into something you can understand? Are they happy to explain anything going on in your books? [Read More]

  • 5 Steps To Make Your Small Business Accounting Office Remote

    Today's small businesses are increasingly doing what many larger companies have already chosen: moving their administrative work to remote work. Remote work is safer for many employees, can boost morale, and is generally a cost-saver for the business. If you think that your bookkeeping work might be better off as a remote department, how can you plan your transition? Here are five important steps to get your office out of the office. [Read More]

  • 4 Ways A Financial Consulting Service Can Assist You

    As you age, your finances start to become more and more complex. If you feel like your finances have gotten to the point where you need a little assistance, you should set-up an appointment with a financial consulting service. A financial consulting service can help you figure out how to manage and grow your money in a smart manner. Way #1: College Savings If you have children, you are going to want to plan not just for their present, but for their future as well. [Read More]

  • 3 Ways A CFO Advisory Service Can Help Your Small Business Grow

    Many small businesses are driven by great ideas and concepts. However, many small businesses need someone on their staff who can help them make smart, data-driven financial decisions that will help their small business succeed. When it comes to running a small business, paying for a CFO advisory service is a great way to ensure the long-term financial success of your business. Way #1: Cash Management As a small business, it is vitally important for you to manage your cash flow correctly. [Read More]

  • 5 Reasons Every Small Business Should Request An Audit

    When most people think about the idea of an audit, they do so in negative terms. After all, no one wants to have someone looking over their shoulders—or worse, intentionally looking for errors or fraud. But, in reality, an audit is a good thing for your company to request on its own. Here are a few of the benefits your business gets from ordering an audit of its finances. 1. You Learn About Potential Problems [Read More]

  • 4 Steps For Creating An Estate Plan

    When it comes to protecting yourself and your family, one of the best ways you can do so is by having an estate plan in place. Everyone should have an estate plan in place, regardless of your financial position. Step #1: Create a Will First, you need to create a will. A will is the type of estate plan that most people are familiar with. A will is where you state who you want to get all your belongings when you pass away. [Read More]