It has been said that the only two things that are certain in life are death and taxes. We’d like to add a third: inflation. You can be certain that costs will go up year after year. Housing is the easiest trend to follow (a $300,000 house today only cost $180,000 a...
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14 Creative Ways You Can Reduce Small Business Overhead Expenses
Steve Martin once said, “I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline-powered turtleneck sweater. And, of course, I bought some dumb stuff, too.” A small...
Keep Up With Receipts Like A Pro With These 3 Simple Tips
Every transaction in your business has to be accounted for. In the nonstop world of a small business owner, it can be a real challenge to keep up with receipts. You either forget to enter the expense in your accounting software, or you just guess at the amount. Either...
Why You Need to Know the Difference Between Profit & Cash Flow
Business owners seem to be in a constant search for one number to tell them if their company is doing well or not. We get it. You’re busy and would much rather spend your energy doing whatever it is you do instead of staring at numbers on a spreadsheet. Having one...
How to Win in the New Year With Solid Budgeting Habits
Money sure can seem like it has a mind of its own sometimes! One minute it’s there, the next it’s gone. If you’re not careful, what you have will leave faster than you can bring more in. The only way to maintain control over your money–in both your personal...
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When Is Tax Season 2024? (Your Comprehensive Guide To Being Prepared This Year)
If you are wondering “When is tax season 2024?”, we’ve got the answers you’re looking for. We get it. No one enjoys filing their taxes, but at least knowing when things are due is a huge part of making the process as stress-free as possible. Keep reading to learn when...
Farm Tax Exemptions: What You Really Need To Know
Several months ago, we wrote about a new Tennessee Farm Tax Exemption that allows farmers and ranchers in our state to shop tax-free (the same way a church, school, or other nonprofit organization would.) Even though our offices are located in 6 locations across West...
How To Become An Accountant (More Options Than You Might You Think)
As a CPA firm with over 40 years of experience, taking care of the accounting needs of our clients is second nature for us. We love what we do, and believe that we are in an incredibly rewarding profession. However, many young people who are entering college and...
Forosophobia (How to Avoid It With Help From Your CPA)
Everyone is afraid of something. (Even if some of us will never admit it.) When it comes to phobias, there are several that we all know like claustrophobia (fear of tight spaces) and arachnophobia (fear of spiders). But there are several more that you’re probably not...
Why Outsourced Bookkeeping Services Are A Big Key To Your Business Success
When you’re looking for ways to get ahead in business, don’t overlook outsourced bookkeeping services. Oh, sure. It’s not a topic that’s nearly as exciting as buying a fancy piece of equipment, planning a new marketing campaign, or cutting the ribbon on the perfect...