4 Questions to Ask a New Accountant Running a business takes a lot of work. You, as a small business owner knows this all too well. Finding ways to delegate and trim your to-do list is an essential task, one that enables you to continue growing your dream and building your future. When it comes
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What Does a Virtual Accountant Do For a Small Business? You run a small business. You eat, sleep, breathe, and dream about your business and how to be as successful as possible. You sit down and make a list of your tasks as a small business owner, and you realize that your plate is not
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Overview of Paycheck Protection Program In an effort to support businesses during the coronavirus pandemic, The Paycheck Protection Program (PPP) gave out $525 million in loans. This was distributed to about 5.2 million companies between April 3 and August 8. That’s a great deal of money, and you’d think that it would be enough to
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Bookkeeping Software, COVID, and the End of 2020 This year has kept all of us on our toes….especially our small business heroes! In 2020, we saw all industries struggling to navigate the new way of running their businesses during the COVID-19 pandemic with limited hours, limited teams, and limited resources. With bookkeeping software becoming increasingly
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What is the Best Accounting and Bookkeeping Software? In today’s world, everything is automated and online. Now that almost everyone is working from home finding the perfect software to run your business is essential. From automated marketing tools, email services, even automated texting services, you can run a fantastic company with a lot of knowledge,
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A story of email fraud We received an email from an existing client authorizing a payment by wire to one of their vendors and including wire instructions. The wire request was for a large amount, but not out of the ordinary for that organization ($1.4 million). The body of the emailed wire request showed a
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Unfortunately, employee fraud happens. One day we got a call from a business that had been referred to us. They were a growing company with 50+ employees. They needed a new accounting department. It was urgent, they said. Their employee bookkeeper had just quit the last day of the month. One of her duties was
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The end of the year is approaching and businesses are wrapping up and preparing for next year. Closing out the books can be quite a scramble. Don’t start the new year off behind the ball. Here are the top 9 accounting highlights to consider going into 2021: Higher 401(k) contribution limits. If you’re looking to
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5 Tips for Working From Home This has been a year of change for so many of us. A large portion of people are now working from home. It’s interesting to me, because I’ve been providing virtual bookkeeping and accounting for years. Redmond Accounting is a cloud accounting and bookkeeping firm, so we operate remotely.
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What is Outsourced Accounting? One engineer builds software; another builds bridges. One attorney works in civil legalities; another pursues criminal cases. One doctor is a surgeon while another may specialize in primary care. The accounting profession also has specialties such as Tax, Audit, and Client Accounting Services (CAS). What is CAS? It’s the equivalent of
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