As 2019 ends, business owners should begin formulating their tax strategy for 2020. While giving the IRS a cut of company revenue isn’t optional, the way you approach business finances can make a significant difference in the amount you pay.Read More »
Summer has come and gone, with autumn in full swing as the year draws to a close. Did your business exceed growth targets, struggle with unexpected headwinds or fall somewhere in between? However you answered that question, the good news is that there’s still time to reduce 2019 tax liability.Read More »
As businesses grow, their needs change. You might have handled the books yourself at first, or perhaps worked with a bookkeeper. Sooner or later, though, it makes sense to hire a good CPA firm. Waiting too long could limit growth and hinder effective tax planning, financial reporting and other key business responsibilities.
How can you be sure it’s the right time to turn your accounting and reporting over to a CPA firm? Or if you’re already working with a professional, how can you tell it’s the right one? These ten signs let you know it’s time for a change.Read More »
For many businesses and nonprofits, fall is more than pumpkin spice season; it’s also time to start thinking about next year’s budget. Even for organizations with a fiscal year different than the calendar year, knowing how to approach this important task will make the job easier and help ensure a positive outcome.Read More »
Growth brings change, and outgrowing your current accounting system is a clear sign that change is necessary. But with so many options to choose from, how can you be sure a new system will fully meet your needs?Read More »
You’ve decided to start a business. Congratulations! Now all you need to do is serve your customers and begin raking in the profits, right? Think again, because becoming a business owner entails numerous responsibilities and decisions. One of your first tasks is deciding which type of business structure you want for your new company.Read More »
Is your business considering a professional employer organization (PEO)? There’s a lot of buzz about this outsourced human resource solution as it becomes more common for organizations of all sizes and across industries. But is using a PEO truly worthwhile? Like most outsourcing options, it comes with advantages and disadvantages. Here are some of the biggest pros and cons to keep in mind as you weigh the potential merits of a PEO.