Capital Gains Taxes: What to Expect with President Biden’s Tax Hike
On April 28, President Biden proposed a tax plan that resonates with most of the political interest. Though the ins-and-outs are complex, the general push is to…
What Are the 2021 Tax Filing Extensions?
For over a year, COVID-19 generated significant, widespread implications for businesses and individuals, and the effects of the pandemic have seeped into taxes. Filing taxes is one…
Small Business Profit Sharing Plan
Profit sharing plans, also known as employer discretionary contributions, are commonly confused with a variety of other employer-provided benefits, such as 401k plans. However, they are significantly…
Virtual CFO Services: Why Is It a Growing Trend?
Navigating finances is often one of the most challenging aspects of owning a business. As a business owner and expert in your field, financial concerns may be…
Remote Coaching for Accounting and Bookkeeping Tasks: Top 5 Benefits
Business owners consistently fight for increased efficiency and profitability when delegating business tasks. At times, personally taking on a task is the most effective option. Other times,…
Types of Inventory Management Reports
With many businesses ready to embrace the new year and a fresh start, now is the perfect time to organize and streamline your processes. Have you considered…
How to Record Daily Sales and Expenses for Your Business
While owning, operating, and overseeing a small business can be challenging in many aspects, financial management is often uniquely complex. Despite how a basic understanding of financial…
What Can a CPA Do that an Accountant Can’t?
When managing your business, navigating the financials and federal compliance can feel inundating without proper knowledge or training. When considering partnership with an outsourced financial professional, are…