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Budgeting is Key to a Successful Start-Up

More than half of recent college graduates plan to start a business someday, according to the results of a survey published in August by the American Institute of Certified Public Accountants (AICPA). Unfortunately, the AICPA estimates that only half [...]

By |2019-10-16T16:49:50-04:00September 13th, 2019|Categories: Blog, Tax, Uncategorized|Tags: , , |0 Comments

What Type of Expenses Can’t Be Written Off By Your Business?

If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. It doesn’t explicitly state that you can deduct office supplies and certain other [...]

By |2019-05-06T20:38:12-04:00May 6th, 2019|Categories: Blog, Tax, Uncategorized|0 Comments

Lean Manufacturers: Reap the Benefits of Lean Accounting

Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more timely, relevant financial data. But it’s not right for every situation. What’s lean manufacturing? Lean manufacturers strive for continuous [...]

By |2019-05-03T14:53:08-04:00May 3rd, 2019|Categories: Audit, Blog, Tax, Uncategorized|0 Comments

How Entrepreneurs must Treat Expenses on their Tax Return

Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have to spend a lot [...]

By |2019-04-22T15:00:10-04:00April 22nd, 2019|Categories: Blog, Small Business Services, Tax, Uncategorized|Tags: , |0 Comments

5 Financial Reports Every Business Should Be Running

Can financial reporting analysis really help your business grow? Absolutely! To employ a data-driven finance approach, CFOs need to move finance functions up the analytic value chain to offer more detailed analyses, better forecasting, and increasingly granular information on products, [...]

There’s Still Time for Small Business Owners to Set Up a SEP Retirement Plan for Last Year

If you own a business and don’t have a tax-advantaged retirement plan, it’s not too late to establish one and reduce your 2018 tax bill. A Simplified Employee Pension (SEP) can still be set up for 2018, and you [...]

By |2019-03-23T19:21:15-04:00March 11th, 2019|Categories: Audit, Blog, Tax, Uncategorized|Tags: |0 Comments

It’s not too late: You can still set up a retirement plan for 2018

If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t already set up a tax-advantaged retirement plan, consider doing so this year. There’s still time to set one up [...]

By |2018-11-12T12:57:24-04:00November 12th, 2018|Categories: Blog, Small Business Services, Tax, Uncategorized|Tags: |0 Comments