It’s a small business owner’s worst nightmare: internal financial fraud. If you’re running a small business, you want to be able to trust your employees implicitly. After all, they are partners in your success. But every now and then, as…
If you’re a restaurant owner, you know that success requires maintaining a delicate balance between great food and excellent service. Other aspects of your business need a sort of balance to be successful as well. For example, you may or…
If you own a small business, you know how confusing, complicated, and scary it can be to remit payroll taxes and quarterly taxes. Even if you use a tool like Quickbooks, which supposedly handles all of your tax concerns for…
If you’re a small business owner, you are clearly a subject matter expert in your industry and business. However, it's not likely that you're also an accounting expert — perhaps you even hate it! Keeping up with your books and…
As a business owner, you want to understand how your business’s financial performance positions your company in your market. Strong business accounting and knowledge of what impacts your business’s finances can become a sword and shield in your battle for…
Right now, you may be more concerned about your 2019 tax bill than you are about your 2020 tax situation. That’s understandable because your 2019 individual tax return is due to be filed in less than three months. However, it’s…
We would like to honor and congratulate our very own CFO, Ashley Lough, on her new position as Chair of the Audit Committee of the Board for River Region United Way! As Chair, Ashley works with the COO/CFO and the…
By Rhonda L. Sibley, CPA, AEP The law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, has caused tax advisers to review and question the proper entity selection for business clients. To properly advise business owners, CPAs must…
Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required minimum distributions, you may benefit by giving these amounts to charity. IRA distribution…
