Should You Take a Business Loan This Year?
Can you believe the first four months of the year are already behind us? We are not officially experiencing a recession, but there are many financial pressures on businesses this…
What to Do If You’re Being Audited By The IRS
Less than 4 out of every 1000 tax returns submitted to the IRS in 2022 was audited. That’s not even one-half of one percent. But the thought of being audited…
Business Owners, Were You Happy with This Year’s Tax Bill?
Tax filing season has just ended and we are already hearing from business owners who were stunned by a larger than expected tax bill. We are also hearing from business…
1031 Exchanges for Real Estate Investment Businesses
If you are a real estate investor, you will periodically sell a property before you have a new property to purchase in sight. It’s a good idea to understand at…
Here’s Why You Need More Than QuickBooks
QuickBooks is a great tool for business owners. It can help you see your financial picture from a variety of perspectives, and even help you determine how profitable your business…
Fixed vs Variable Costs and Profitability
Profitability is a topic we address with our clients all the time. That’s just one area of our business advisory services, but it’s going to be a particularly important one…
Three More Ways to Maintain or Improve Profitability in 2023
Last year was very difficult for many smaller businesses, especially at the end of the year. And the economy did not improve just because the calendar changed. While the economy…
Three Tips if You’re Running a Family Business (or Plan to)
Are you running a family business or thinking about transferring the ownership of your company to a family member when you retire? If that describes you, these tips will help.…
Five Ways to Cut Business Costs This Year
Every business owner needs to be vigilant about costs under normal circumstances. This is even more true this year given inflation. How do you cut costs in your business without…
Improve Profitability with Better Project Risk Management
Project Management is probably not a topic you might expect to be speaking with an accountant about, but maybe you should be. While many accountants don’t get involved in managing…