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Insights


Oct 26, 20222 min read
Qualifying for the Employee Retention Credit (ERC)
The Employee Retention Credit (ERC) is a refundable credit established by the Cares Act of 2020 and the Consolidated Appropriations Act...

Feb 22, 20222 min read
Winning in Business by Being 1% Better Than Your Competition
The 1% Rule "The 1 Percent Rule states that over time the majority of the rewards in a given field will accumulate to the people, teams,...


Feb 21, 20222 min read
Creating Effective Financial Forecasts for Small Businesses
Small businesses and start-up businesses do not usually get the most of their financial information. This is due to a variety of factors,...


Feb 17, 20223 min read
10 Key Financial Metrics for Small Businesses
Small businesses owners and managers need to have a strong understanding of their financial performance in order to make operational...


Feb 14, 20222 min read
Top 7 Strategies for Business Owners and Entrepreneurs to Combat Inflation
Rising inflation is affecting all segments of society in 2022, including business owners. From the cost of labor rising to the price of...


Feb 12, 20224 min read
Ten Apps to Help Optimize Your Cash Flow
The ability to accurately forecast your future cash flow is vital for entrepreneurs and business managers to make sound decisions to move...


Feb 7, 20223 min read
Operating Expenses vs Capital Expenditures: A Quick Primer to Get Started on Tax Savings
In this article, we will be discussing the differences between operating expenses and capital expenditures in order to help small...


Jul 19, 20212 min read
Establishing a Financial Accounting Plan
Small business managers and owners make strategic decisions about allocating the business's financial resources and work time of key...


Apr 8, 20192 min read
Health Care Industry Insights - Accounting Treatment of Malpractice Claims
The health care industry faces numerous specialized accounting dilemmas that require deep professional knowledge to unravel. One such...


Jan 21, 20195 min read
Non-Refundable Personal Tax Credits
This article is meant to provide a summary resource for all applicable non-refundable personal credits available to taxpayers for the...


Jan 10, 20191 min read
New Years Resolution #1 - Track Costs Per Job, Customer, Project, and/or Product
We are writing a series articles this January highlighting some relatively basic but very important accounting tactics that are often...


Dec 19, 20183 min read
Top 7 Year-End Tax Savings Tips
Learn about these top seven year-end tax tips geared to maximize your tax refund or minimize the taxes due. If you decide to take...


Nov 12, 20183 min read
Internal Audit for Small Businesses
One underutilized accounting function that small businesses usually have never heard of is the internal audit function. While this...


Nov 6, 20182 min read
Financial Reporting - Cash and Cash Equivalents
It is time for a little financial accounting 101 and a slight study into one of the most basic elements of the balance sheet - cash and...


Nov 3, 20182 min read
Is Your Private Individual and Business Information Kept Confidential By Your Accountant?
Most people have a vague understanding that their medical provider is legally obligated to protect their private information based on the...


Nov 2, 20184 min read
Travelling Professional Tax Issue - Maintaining a Tax Home
Many nurses, physical therapists, and other healthcare professionals decide to work for medical staffing agencies instead of hospitals or...


Oct 29, 20182 min read
Non-Profit Revenue - Three Types of Contributions
Not for profit organizations, such as charities, churches, and universities, follow generally accepted accounting principles (GAAP) in...


Sep 12, 20182 min read
Five Ways Small Businesses Gain Value Through External CPA Audits
An external audit is an examination of a business's financials conducted by an unaffiliated, independent CPA or CPA firm. The auditor...
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