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small business accounting (5)

Plan with your accountant throughout the year—rather than waiting until end of year—to reach your goals and avoid unwanted surprises.

Why you shouldn’t wait until ‘crisis mode’ to hire an accountant

Tell us if you’ve heard this one before. It’s February (or maybe even March), and you’re scrambling to get some poor, beleaguered accountant to get...

An accounting firm that takes a comprehensive approach to your business can help keep you focused and on the path to creating your dream business.

What does your accounting firm actually do for you every month?

Hiring an accounting firm is one of the smartest things you can do for your business. At least that’s what people say, but is it true? What do those...

ERC, a tax credit that encouraged business owners to keep employees on payroll during the pandemic, has helped many businesses survive the last few years.

What you need to know about the Employee Retention Credit in 2022

The Coronovirus Aid, Relief, and Economic Security (CARES) Act contains a business relief provision known as the Employee Retention Credit (ERC), a...

Pass-through entity (PTE) taxation can help counter negative implications of the cap on itemized SALT (state and local tax) deductions.

How to use the pass-through entity tax in Wisconsin or Illinois

The Tax Cut and Jobs Act of 2017 had many long-ranging implications, but perhaps none more significant than its effect on itemized deductions and how...

It’s important for your small business to be ready for anything – which can include economic downturns. Making sure your business is protected should be a top priority as you move into the future.

How small businesses can cut costs & improve cash flow in a recession

Is there a recession coming? We don’t know what the future holds, but it’s always important for your small business to be ready for anything – which...

Before you purchase real estate for your small business, be sure you have the money and the right space.

Should your small business buy property?

For most small businesses, it’s the dream to eventually own the building that your business operates out of. After all, historically real estate has...

It's important to reviewing financial statement to prepare for small business growth.

Creating a foundation for small business growth

Growth is probably one of your goals this year for your small business – and if it isn’t, it should be. That said, not all growth is created equal....

S-corp, Partnership, or C-corp: Which is right for your small business growth?

S-corp, Partnership, or C-corp: Which is right for your small business growth?

According to the Bureau of Economic Analysis, S corporations account for 76.8% of corporations with less than 500 employees and 37.3% of corporations...

How to Grow Your Small Business Through Mergers and Acquisitions

How to Grow Your Small Business Through Mergers and Acquisitions

As part of our continuing series on how to grow your small business the right way, today we look at mergers and acquisitions. Acquisitions can be a...

Young entrepreneur plans for a successful startup

Why a CPA should be the first hire at your startup

It may not be where your hiring strategy goes first, but it should be. 90% of start ups fail. Often that’s because owners see it as their duty to do...

Pieces of the business growth puzzle

Managing your business growth organically

Growth should be a goal of any business. That said, not all growth is created equal. If not done correctly, it can be downright dangerous. One study...

Supply chain issues aren't always bad for auto repair shops

Supply chain issues aren't always bad for auto repair shops

Why auto repair shops often benefit from uncertainty in the supply chain — and how to make sure your shop is one of them. Supply chain issues have...