ARE CASH RECONCILIATIONS REALLY NECESSARY?
An essential accounting activity that Small Businesses should never overlook is cash reconciliation, also known as bank reconciliation. And yet, I have repeatably seen businesses
WHAT TO DO WITH UNCOLLECTABLE RECEIVABLES AT YEAR-END
One important year-end process that should not be overlooked is reviewing the Accounts Receivable balances for accuracy and collectability. If your business uses the cash
DOES CASH BALANCE = PROFIT?
This is a shorter than normal blog however the topic is one that needs to be understood by all business owners, particularly small business owners
TAXES: PLANNING, PREPARING, FILING, & CONSULTING
When you hear the word “taxes,” other than a CPA, what else comes to mind? For many people tax returns is the first thing they
NET PROFITS & NET LOSSES
A question that I often hear business owners ponder is why their CPAs do not always frown when the bottom line at the end of
BUSINESS VEHICLE: LEASING VS PURCHASING
The decision to lease versus buy a vehicle is not a “one size fits all” decision. The answer depends on many factors. For example, the
