How Outsourced Accounting Can Elevate Your Accounting Structure
Building a successful business over time takes consistency and dedication. Your team and day-to-day accounting operations are working well to deliver ...
Why Some Small Businesses Are Switching to Tax-Basis Reporting
Accrual-basis financial statements are considered by many to be the gold standard in financial reporting. But with the increasing cost and complexity ...
Why Can’t My Profitable Business Pay Its Bills?
If your profitable business has trouble making ends meet, it’s not alone. Many business owners mistakenly equate profits with cash flow, leading to ...
Achieving the Right Balance of Working Capital
Working capital, the funds your company has tied up in accounts receivable, accounts payable and inventory, is a critical performance metric. During ...
The Tax Advantages of Hiring Your Child This Summer
Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children looking ...
Top Reasons Not to Hire a Full-Time CFO
At the forefront of every important financial decision regarding a company is its CFO. They are often credited as the economic backbone of their ...
Using Agreed-Upon Procedures to Target Specific Items of Concern
Your CPA offers a wide menu of services. One flexible offering, known as an “agreed-upon procedures” engagement, provides limited assurance on a ...
Inflation Reduction Act Expands Valuable Payroll Tax Credit
When President Biden signed the Inflation Reduction Act (IRA) into law in August, most of the headlines covered the law’s climate change and health ...
Use Real-Time Data to Improve Cash Flow Forecasts
Real-time data is transforming our lives. The days of being caught in a rainstorm without an umbrella or in a bulky sweater on an unseasonably warm ...