A Virtual CFO’s Role in Strategic Planning for Your Business in 2024 As we enter into a new year, most SMBs are focused on one important thing: growth. Achieving that goal of growth can be challenging, particularly when your plate is full as a business owner. One solution many owners overlook is bringing in a […]
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2024 January Accounting Checklist for SMBs The start of a new year is an exciting period for SMBs. It’s a time for planning, setting goals, and gearing up for the year ahead. But it’s also important for accounting and reviewing your financial position. We’re going to cover some of the basic items your list should
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1099 Forms vs W-9 Forms Whether you’re a freelancer reveling in the freedom of gig work, a small business owner juggling multiple hats, or just someone trying to make sense of tax season, understanding 1099 Forms vs W-9 Forms is crucial. In our article, we want to break down the key differences. 1099 Forms 1099
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2024 IRS Numbers Every year the IRS comes out with updated numbers. Rather than having you sift through all of them, we have put together a blog that details out a few numbers you should be aware of. Here are the updated 2024 IRS numbers. Personal Tax Changes The standard deduction deduction is $14,600 for
Closing the Books: A Year End Bookkeeping Checklist The end of the year is a busy time for your business from an accounting perspective. Along with closing the books, you need to prepare for the next year and maybe do a little catch up bookkeeping. You have a lot on your plate already. It’s easy
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How Do Payroll Companies Work? An estimated 45% of business owners use payroll services. Why? Because payroll is complex. Your employees want to be paid in a timely manner without errors or delays along the way. Businesses also need to adhere to strict wage and tax law requirements that change often. If your business is
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Laura Redmond QuickBooks Online Advanced Mid-market Specialist ProAdvisor Winner In June, our owner, Laura Redmond, was named the QuickBooks Online Advanced Mid-market Specialist ProAdvisor Award Winner for 2023. As shared on Insightful Accountant, “QuickBooks Online Advanced is out in front of other cloud-based accounting solutions for small businesses when it comes to meeting the needs
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How to Manage Cash Flow in a Small Business Cash flow can make or break a business. In fact, a U.S. Bank study found that 82% of failed businesses cited cash flow as a contributing factor to their demise. We don’t want your business to be another statistic. Learning how to manage cash flow in
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Gusto vs ADP to Power Your Business’s Payroll Businesses with employees need a payroll platform to ensure that their employees are paid and receive the benefits that they deserve. Gusto vs ADP will be an inevitable comparison that you’ll need to make at some point. Both solutions can help you satisfy payroll, but they have
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Getting Back on Track: A Guide to Catch Up Bookkeeping As a business owner, you have a lot of responsibilities. If you’re like many other business owners, you try to handle most things yourself, including your bookkeeping. The question is – are your books up to date? Business owners have to-do lists that are miles
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