If you run a 501(c)(3) organization, you are well aware of the fact that your operation is more than a regular business. You’re on a mission. But you’re also under a microscope…from your board, your donors, and the community in general. Then, there’s the IRS and no...
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How to Find Revenue in Financial Reports…and Use It to Your Advantage
Mark V. Hurd, former CEO of Hewlett-Packard and Oracle, once said, “I know only a few ways to take market share and drive new revenue. I can engineer better products and services, I can build better relationships with my customers and deliver a higher level of...
How to Calculate Cash Flow (and Why This Number Matters)
As a small business owner, it can sometimes feel like you’re alone on a desert island with no help in sight for the endless financial reports you have to deal with. This blog post on how to understand and calculate cash flow is the 3rd in a series we’ve been doing on...
How to Read a Monthly Balance Sheet (And Why It Matters)
According to financial website The Balance SMB, the monthly balance sheet is “the most important of the three main financial statements used to illustrate the financial health of a business.” In previous blog posts on this site, we have talked about those 3 key...
What is EOS? Helpful Principles and Tools that Make Your Business Grow
Small business owners face an incredible number of challenges every single day. When you’re the founder, the boss, and the heart of your business…solving problems is just what you do. The past year has only added more layers of complexity and difficulty thanks to...
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How to Land Your First Entry-Level Accounting Job (Tips From The Pros)
Entry-level accounting jobs can be a great step toward a fulfilling career. If you’re wondering what all is involved and how to land your first position, read on for some helpful advice from the pros. Entry-Level Accounting “Entry-level” accounting jobs are exactly...
Valuable Do’s and Don’ts of Agriculture Accounting That Can Save You Money
“Agriculture accounting” may not be words that most people have ever heard put together. But it is an area of financial management that has huge implications for the way we all live. The people who produce our nation’s food, cotton, wool, leather, and other...
What Jobs Can A CPA Do? (The Options Might Be More Than You Expect)
According to the U.S. Bureau of Labor Statistics, a little over 1.2 million people are working in the field of accounting (as of 2019, the most recent year we have data from). 22,000 of them are in Tennessee, where our firm has several offices. While the federal...
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...