Blogs

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably encounter a few bumps along the way and, hopefully, reach your destination with some success and a few lessons learned. … Continue reading →

The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at the federal level). But not all businesses are eligible – and, with the new 21% flat income tax rate that … Continue reading →

Financial statements help investors and lenders monitor a company’s performance. However, financial statements may not provide a full picture of financial health. What’s undisclosed could be just as significant as the disclosures. Here’s how a CPA can help stakeholders identify … Continue reading →

One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company to the next generation. Often, the best time tax-wise to start transferring ownership is long before the owner is ready … Continue reading →

Strategic planning is key to ensuring every company’s long-term viability, and goal setting is an indispensable step toward fulfilling those plans. Unfortunately, businesses often don’t accomplish their overall strategic plans because they’re unable to fully reach the various goals necessary … Continue reading →

Are you comfortable communicating electronically with your auditors? If so, a logical next step might be to transition from on-site audit procedures to a more “remote” approach. Remote audits can help reduce the time and cost of preparing audited financial … Continue reading →

Most companies have found that it saves a lot by outsourcing their accounting needs. This fact has led to the development of many accounting firms and all promising to offer the best services. This has posed a maze for many … Continue reading →

A CPA firm is a group of professionals who does a number of accounting-related jobs. They monitor as well as keep tabs on an organization’s or an individual’s financial records. Each year, a lot of businessmen doubt why they need … Continue reading →

A lot of people are going to agree that doing your taxes can be a pain and this is especially true if you happen to be a small business owner. As one, you only have a little time in thinking … Continue reading →

When you are working with an accountant for your business, it is important to ask the right questions so that you are both on the same page when it comes to managing your finances. Your accountant doesn’t just add up … Continue reading →