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Internal Controls That Protect Your Business From Fraud

Internal Controls That Protect Your Business From Fraud

News headlines involving embezzlement, fraud, data breaches, and other scandals may have you nervous, especially during the current economic climate. “What is happening within my organization?” might be a thought regularly occurring in your head. After...
How to Proactively Recession-Proof Your Business During COVID-19

How to Proactively Recession-Proof Your Business During COVID-19

The onslaught and massive outbreak of Coronavirus causing COVID-19 in the last two months has caused the world to turn upside down. Economies have tanked and the DOW has seen the most highs and lows since the 1930s. In this blog, we provide a breakdown to support: The...
When Should You Consider Outsourcing Your Accounting Operations?

When Should You Consider Outsourcing Your Accounting Operations?

Do you spend late nights and weekends struggling to keep up with your company’s accounting records? Or worse, does this time intervene with the time spent running the operations of your business? Are you unable to assess the profitability of your business or perhaps...
Why You Need Financial Scenario Planning for What Ifs

Why You Need Financial Scenario Planning for What Ifs

If you’re not familiar with “what-if” scenario analysis, it’s time you familiarize yourself and jump on board. This type of planning can reveal unanticipated difficulties that can destabilize a project, making it a valuable analytical tool. By helping you prepare for...
10 Tips To Help Improve Your Company’s Cash Flow

10 Tips To Help Improve Your Company’s Cash Flow

As a business owner, you run the risk of bankruptcy if you’re not on top of cash flow management. A full 82 percent of business failures are caused by poor cash management, according to a US Bank study. So, is it easy enough to bring in more money than your business...
What Should Small and Mid-size Businesses Expect From Their CFO?

What Should Small and Mid-size Businesses Expect From Their CFO?

The CFO role within an organization depends on several factors. These components may include the expectations coming from the CEO and board of directors, and may also vary depending on the industry, corporate strategy, and the goals of the business. A company’s size...
The 3 Financial Statements Every Leader Needs

The 3 Financial Statements Every Leader Needs

As a business owner, financial data is critical to your success — but only if you know how to interpret the meaning behind the numbers correctly. Most owners or leaders within an organization rely on the aid of an accounting team to accurately analyze and organize...
Top 10 Things Every Business Needs to Know About Sales Tax

Top 10 Things Every Business Needs to Know About Sales Tax

As a business owner, you are used to facing never-ending checklists to help get your new ventures up and running. Before the first customer walks through the door, the new owner has already tackled seller’s permits, licensing, zoning, and registration, among...
How To Reduce Your Business Tax Liability

How To Reduce Your Business Tax Liability

Are you running a business that is earning a profit this year? If this sounds like you, you’re likely pretty happy with the financials of your company. After all, being profitable means you have created a thriving entity and are doing well. But don’t kid...
This Is What You Should Expect From Your Tax Advisor

This Is What You Should Expect From Your Tax Advisor

It’s been over 7,000 miles since your last oil change, so you drive to the mechanic for a service. You’re a few pages through a magazine when the mechanic informs you that your car is on its last legs unless you permit them to fix one specific part. The good news:...
Tips And Tricks For Filing 1099s: The Deadline Is In January

Tips And Tricks For Filing 1099s: The Deadline Is In January

The beginning of the year is anything but dull, but after the holiday celebrations, it’s time to settle down and get organized for tax season. While employees might not have taxes on the brain until April, businesses, and employers are busy preparing early on....