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Ensuring a Solid Reporting System
In a previous article, we discussed creating a fundamentally sound reporting system. In this article, we’ll expand on that by focusing on having a proper ...
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Building Your Accounting Team
For your business’ accounting needs, knowing what services you need and how to set up your operational systems is the foundation of receiving accurate and ...
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Communicating the Numbers to the Owner
Recently in one of our workshops, an internal bookkeeper asked us: “How do I communicate to the owner the importance of these financial numbers? How ...
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As a Business Owner, How Do I Pay Myself?
The method by which you get money out of your business depends on the type of entity you are registered as with the IRS. Here, ...
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7 Tax Strategies Blueprint
When we review a tax return, several factors can be considered to consider potential tax strategies you may be able to utilize and possible strategies ...
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6 Essentials to Bank Financing
Recently while talking business with a banker, we discussed three items that could help people looking for help presenting their financial information to the bank. ...
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What Are My Responsibilities as an Internal Bookkeeper?
Recently, a client of ours hired a new internal bookkeeper. This new employee asked us during onboarding what they needed to do each day, as ...
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3 Tips to Successful Onboarding With Your Accountant
When it’s time to bring a new accountant onto your team, follow these three guidelines to foster a smooth onboarding process. 1. Monthly Cash Flow ...
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Cultivating an Audit Trail for Business Deductions
When tracking deductions for operating a vehicle while on the job, it’s either counted by mileage rate or expenses. Below, we discuss how to record ...
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