With the IRS planning to increase tax audits by 50% this year, your small business could be targeted. An audit only happens when the IRS is suspicious that your tax forms aren’t accurate or truthful. Therefore, it’s important to take … Read More
Apr, 2021
Find out which business tax breaks you’re eligible for due to the new enacted CAA
The Consolidated Appropriations Act provides over $2.3 trillion in funding which includes $900 billion in stimulus relief for the COVID-19 pandemic. The CAA was signed into law on December 27, 2020. Along with the newly enacted CAA comes new federal … Read More
Feb, 2021
The REAL Numbers When It Comes To Marketing…
It’s easy to get lazy when a business can pick the low hanging fruit available in an easy marketplace.
Markets shrink, funding dries up, prospects aren’t as easily found, or profitability margins decrease. So what do you do? Many business … Read More
Small Business Health Quiz (Part 2)
Regardless of national events, or where things are with PPP and EIDL loans — as a business owner, it’s important that you take a REGULAR, clear-eyed look at the underlying legal and financial foundations of your business.
I started with … Read More
Sep, 2020
Do you accept credit cards? Then read this.
You may have already heard about the multi-billion-dollar legal settlement if you accepted credit cards from 2004-2019.
Here’s the warning: you do NOT need a lawyer to claim your part of this settlement. But there are lawyers now advertising to … Read More
Jul, 2020
Cash is King…Especially Now
Cash flow has always been the lifeblood of any business. With COVID cases raging in some states and creeping upwards in our region, it is clear the pandemic will be with us for the foreseeable future. Whether your business remains … Read More
Jul, 2020
PPP Loan Forgiveness Applications Due Dec. 31, 2020 – But Please Don’t Wait Until the Last Minute!
While the deadline gives everyone some breathing room, there are several different permutations that will be calculated to determine the best way for you to file for forgiveness. And there will be a flood of applicants at the end of … Read More
Jun, 2020
Every Small Business Owner Needs a CFO – Especially Now
As a small business owner, you may not feel you can justify the expense of a full time CFO. But there are times you absolutely need someone with a trained financial mind to help you make big decisions, plan for … Read More
Dec, 2019
Is Your Accountant Proactive or Reactive?
When you own a business, there are many aspects of your business where you will want to be proactive vs. reactive. For example, you may be proactive in managing your monthly cash flow, or you may be reactive when
Dec, 2019
Year-End Tax Planning Checklist for Business
As the holidays approach, business owners are scrambling to determine what needs to be done before year-end to make tax time less daunting. Although you may have had the best intentions of keeping up with everything throughout the year, now