Being a contractor in Tennessee can be incredibly rewarding. You get to work on a variety of jobs with a wide range of clients. No two days are ever the same, and it’s great to be able to look back on a completed project and say with pride, “I did that!” But what do...
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How to Know When a Reviewed Financial Statement is Better Than an Audit
“Audit” is a word that strikes fear into most small business owners. If it’s from the IRS, it means that the government is taking an extremely careful look into your finances and tax reporting. (Your level of participation in the tax process up to that point will...
3 Ways to Manage Receipts and Save Your Business Money
When it comes to managing your business, you deal with a lot of reports in order to stay on top of your financial situation. While all of them are valuable, receipts are some of the most important paperwork you need to keep up with on a day-to-day basis.
3 Ways Nonprofits Can Benefit From Having a Trusted CPA
It’s hard running a nonprofit business. Most days, it’s like you’re part of a band—and you’re the drummer, the lead guitar, the bass guitar, and lead singer (while running sound and lights) all at the same time—and struggling to keep tempo! We understand...
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The Minumum Acreage For Farm Tax Purposes (And Other Ways To Know If You’re Running A Real Farm)
Do you know the minimum acreage for farm tax purposes? Or what it takes to really be considered a “farm” in the eyes of the government? If you’re not sure, this post is for you. Minimum Acreage For Farm Tax Purposes We recently did a post on “How to Qualify for Farm...
Understanding The New Corporate Transparency Act (And What You Need To Do About It)
The U.S. government has passed legislation that now affects millions of businesses nationwide. If you own a small company, you need to know all about it since failure to comply can result in significant fines and penalties including imprisonment. Effective January 1...
Entry-Level Accounting Positions: How To Start Your Career On The Right Foot
Attention, job seekers! Are you interested in the best way to secure entry-level accounting positions? Then this post is for you. We’ll explore what hiring managers are looking for, what a good starting salary would be, what kind of experience you need (or don’t...
Operating Lease vs Finance Lease: How New Rules Will Affect Your Small Business
In an earlier post on new lease accounting standards and how they can impact your business, we discussed a couple of different types of leases. Because most business owners are involved with renting some type of property or equipment regularly, we thought it might be...
9 Types of Accounting Jobs To Consider If You’re Looking For An Interesting Career
If you’re wondering what types of accounting jobs are available to college grads and job seekers with accounting degrees, you’ve come to the right place. We’re a CPA firm that’s been around a while (40 years and counting), so we’ve seen a thing or two. One thing we...