Focused On Business Owners
A popular question we get is, what’s the difference between a bookkeeper and an accountant? A good question! They both work with financial data and they’re both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant are different. You may not be exactly sure of the differences between Read more about What’s the difference between a bookkeeper and an accountant?[…]
Want to avoid paying more than you should come tax time? Or a frantic last-minute search for missing financial records? This post is about providing guidance on tax planning for small business owners. New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data Read more about Tax Planning for Small Business Owners[…]
Wondering how to evaluate a company budget? Our blog post will provide an overview of key areas you can focus on when reviewing your budget. It’s a good idea to take a look at your company budget every quarter and see where you need to shift your priorities. Furthermore, review business spending over the past Read more about How to Evaluate a Company Budget[…]
Hiring an accountant whether inhouse or outsourced is considered best practice for small business owners. Delegating the various accounting functions doesn’t mean completely checking out of the process each month or quarter. On the contrary, it’s recommended that business owners work closely with their accountants throughout the year to better understand their financial position and make Read more about Six Essential Accounting Terms for Small Businesses[…]
The outsourced bookkeeping benefits are numerous. These benefits include; working with an industry professional, receiving valuable financial guidance, saving time managing the finances, and saving money outsourcing the accounting function. Let’s talk about outsourced bookkeepers. Here are four benefits to hiring an outsourced bookkeeper to help you manage your business finances. Expertise An outsourced bookkeeper Read more about Outsourced Bookkeeping Benefits[…]
What will we write about? Will this bring value to our clients? Will I have the time? Who will read this??? These were the questions plaguing my mind as our team prepared to release our new blog. As these questions went round and round in my mind, the Nike slogan interrupted my thoughts, “JUST DO Read more about What are you blogging about!?[…]
The President signed into law on Friday June 5th the Paycheck Protection Program Flexibility Act. which eased the forgiveness requirements for PPP loans. This will come as a relief to many business owners who would otherwise have been in a position where they may have had to pay back a portion of their loan.
Millions of Americans have now received a stimulus check from the federal government as part of the CARES Act relief plan. Individuals who have adjusted gross income under $75k ($150K for joint filers) are eligible to receive a payment of $1,200 per person plus $500 for each eligible dependent based on your 2019 or 2018 Read more about Hey Google, What should I do with my stimulus check?[…]