When it comes to helping our clients, we mean business. Consider our blog a resource with financial tips that can help you achieve financial peace of mind.
What are these Special Purpose Acquisition Companies I’m hearing about?
SPACs have actually been around since 1993 when they were created by David Nussbaum and the Gladstones. They have gone through previous times of popularity and drought, but have recently seen a resurgence due to newer SEC regulations that have instilled more trust in...
5 tips for small business owners to save on taxes
While many large corporations have tax strategists and tax attorneys that solely focus on creating savings for that company, many small businesses end up overpaying on their taxes by missing out on deductions, incentives, and opportunities to realize tax efficiencies....
What you need to know when deciding on an S-corp
How you structure your company can have a big impact on many aspects of your company, including your cash flow, how you will want to manage inventory, as well as your personal and business taxes. Well what is an S corporation, and how is it different from an LLC and C...
Important COVID-related small business tax changes in 2020
This past year has been a challenging time for businesses across a wide range of industries. As a response to the pandemic, the government has attempted to blunt the impact of the forced closures and quarantines with a number of measures that get working capital back...
What you need to know about the COVID-19 Employee Retention Tax Credit
The coronavirus has had devastating effects on small businesses across the country. To help reduce the impact, congress created a number of coronavirus payroll tax credits aimed at helping employers with less than 500 employees keep more of their staff working. One of...
How outsourced accounting can help improve cash flow
When the pandemic hit, it impacted companies in a big way. Between transitioning entire teams to remote work and cash flow issues that many weren’t prepared for, it has been a challenging time for entrepreneurs, leaders, and company owners. The good news is that there are things that companies can do to manage these problems. Here is how integrating an outsourced accounting team into your business can actually help improve your cash flow and get your company back on track.
5 reasons to hire a fractional CFO
Many leaders and business owners have believed for years that an in-house, full-time CFO is a necessary component for business success. While it’s imperative to effectively and efficiently manage your finances, times have changed, and there are new ways of doing...
7 ways to be a financially innovative company
The most successful companies are the ones who treat their finances as a place to be innovative and creative, and are not afraid of thinking outside of the box. When you give your company the freedom to practice innovation in your financial department, you will find that it’s one of the best things you can do to keep your business performing at its peak.
What small businesses need to know about the PPP loan program
The health pandemic has been a difficult time for small businesses, to say the least. On May 27th, the House passed the Paycheck Protection Program Flexibility Act by 417-1, attempting to ease restrictions on small businesses. While there are still issues to address, the recent changes are effective steps in the right direction.
The 1 thing you can do to improve the health of your finances
Everything about your finances can fluctuate, especially in turbulent or uncertain times. Whether it’s a job loss, recall, investment blunder, or even a pandemic, your finances will take a new direction, and that’s just a part of life. No matter what happens to your business or to you personally, one thing that you can do to improve the health of your finances is to take control.