Anyone who has ever participated in a relay race (or even watched one) knows the race is won or lost based on how well the runners hand off the baton. That’s why relay teams practice those few seconds over and over to make sure the baton isn’t dropped and no one...
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Gross Profit Margin 101: How to Increase Your Profitability and Cut Costs
We are going to step out on a very sturdy limb and guess that you are in business to make money. You probably would also like to keep as much money as possible. There are many ways to do that, but one of the surest ways to ensure the financial health of your business...
How to Create a Traditional Income Statement: Simplified Tips for Busy Entrepreneurs
Small business owners are often intimidated by having to create a traditional income statement for their company. However, it doesn’t have to be that way. All of your financial statements are valuable for helping you run your business. They give you insights into how...
How to Manage Independent Contractor Taxes: Quarterly Deadlines, Forms, and Strategies
If everybody had to file independent contractor taxes, we’d see a revolution in our nation’s tax code. Most people work for an employer at W-2 jobs where their taxes are automatically take out each pay period. They never have to think about it, are mainly...
What Is The Greenbelt Tax Exemption in Tennessee? (Money Saving Info From Local Tax Pros)
Most of us know someone who has been involved in martial arts even if it is just a relative or the kid of a neighbor or coworker. Those who put in enough time and effort are rewarded by advancing through a system of “belts”, ranked by different colors. Everyone...
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Why Accounting Jobs at CRS CPAs Offer More Than Just Numbers
Accounting jobs are everywhere. But not all accounting firms are the same. It’s hard to know exactly what working at any company is going to be like from the outside looking in. When you’re applying for positions, you put your best foot forward…but so does the...
The Role of Family in Farm Succession Planning: Navigating Dynamics for a Smooth Transition
Anyone who has ever participated in a relay race (or even watched one) knows the race is won or lost based on how well the runners hand off the baton. That’s why relay teams practice those few seconds over and over to make sure the baton isn’t dropped and no one...
Healthcare Accounting 101: What Every Doctor Needs to Know About Managing Practice Finances
Healthcare is hard. After years and years of medical school (plus continuing education), there are plenty of long hours and stressful situations day-to-day. Medical professionals face lots of unique financial challenges as well…workforce shortages, billing errors,...
The Importance of Nonprofit Compliance: How to Stay Legally and Financially Transparent
Most people go to work for a charitable organization because they want to spend their time serving their community. They hardly ever do it with dreams of spending their time managing nonprofit compliance. We get it. While it isn’t the most exciting thing you’ll do as...
Building a Rewarding Accounting Career: Insights and Opportunities at CRS CPAs
People looking for accounting careers today have a lot of options. Someone graduating from college with a fresh degree in accounting is in high demand, and the possibilities are nearly endless…from public accounting to tax advice to nonprofit work. Where you end up in...