Most people know that CPAs are known for helping people prepare and file taxes. Small business owners who work with CPA firms probably also know that CPAs are in a great position to help with bookkeeping and accounting as well. If you’re new to business (or have...
Figuring out how to keep good employees happy has kept many business leaders awake at night. It doesn’t have to be that way, and you deserve to be able to have solid advice on ways to create a workplace where your employees are excited to be. Our goal is to come...
Employee theft costs U.S. businesses an estimated $50 billion every year. That’s a big number that is tough to apply on an individual level. So how about this: Ernst & Young reports that “employers lose 20 cents of every dollar to workplace fraud.” If you’re like...
The importance of the level of trust between employer and employee cannot be understated. When business owners don’t trust the people who take care of their company, trouble is not far away. For any business to succeed, it is essential that it create a culture of...
Jackson, TN, where our CPA firm is headquartered, isn’t a big city but it has a lot going on. It’s easy to quickly find your schedule filled with plenty of activities outside of work. Even in nearby West TN “farming communities” like Brownsville, Dyersburg, and...
The mere mention of the word “audit” is enough to cause some business owners to break into a cold sweat. They’ve either been through one before and it wasn’t a pleasant experience or they know that their records are in such a mess that they aren’t prepared for one.In...
The goal of any business is to make a profit…usually, as much as possible. To do that, you have to generate revenue. And to do that, you have to move some inventory. This post will help you understand how your inventory accounting impacts your business so you can...
When you run a nonprofit, you have to make every dollar count. Nonprofit financial statements help you stay on top of your income and expenses in a way that shows how you are responsibly using donors’ money. In this post, we’ll unpack what makes nonprofit financial...
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...
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...
Download your copy of the free guide to find out how by filling out the form below.