Joe Harris 
In the fast-paced world of accounting, where numbers often take the spotlight, communication quietly plays the role of a silent partner, driving success behind the scenes. While the importance of communication in business is widely acknowledged, its significance in accounting is often overlooked. This blog aims to shine a light on the unique aspects of… Continue reading The Importance of Communication in Accounting
As a business owner in the United States, one of your most important responsibilities is ensuring that your company’s taxes are filed accurately and on time. However, going through the complex web of tax laws and regulations is a daunting task, especially for those without extensive experience in tax preparation. This is where the expertise… Continue reading How to Become a Tax Preparer: A Complete Guide 2024
In the world of business, financial statements play a crucial role in illustrating a company’s financial health. Among these statements, the balance sheet stands out as an essential tool for both business owners and investors. In this blog post, we will explore what a balance sheet is, why it is used, and provide an example… Continue reading Understanding the Balance Sheet: A Comprehensive Guide for eCommerce Businesses
As a business owner, maintaining accurate and organized financial records is essential for the long-term success and stability of your company. Consistent bookkeeping practices not only help you stay on top of your income, expenses, and tax obligations, but they also provide you with the financial insights needed to make informed decisions. Implementing a comprehensive… Continue reading Comprehensive checklist for monthly bookkeeping
Operating cash flow is a crucial metric that investors and analysts use to evaluate the financial health of a company. It represents the amount of cash generated or consumed by a company’s core operations, excluding investments and financing activities. Direct operating cash flow is relatively straightforward to calculate, but indirect operating cash flow requires a… Continue reading 5 Steps to Calculating Indirect Operating Cash Flow
Operating cash flow is an essential financial metric that measures a company’s ability to generate cash from its operations. It provides insights into how much cash a business has available to reinvest in its operations, pay off debts, or distribute to its shareholders. In this blog post, we will walk you through the steps of… Continue reading How to Calculate Operating Cash Flow
Effective accounting and financial management are critical for the success and growth of businesses in the US. Accurately tracking income, expenses, and cash flow is essential for making informed decisions, maintaining compliance, and securing financing. However, for many business owners, the complexities of traditional accounting and auditing processes can be daunting and time-consuming, distracting from… Continue reading Embrace the Future of Business Accounting: Understanding CAS
In an increasingly digital world, the importance of cybersecurity for accounting firms cannot be overstated. Small businesses, in particular, are prime targets for cyber attacks due to their often limited resources and expertise in cybersecurity. Accounting firms are entrusted with protecting not only their own data but also that of their clients. A breach in… Continue reading The Crucial Role of Cybersecurity for Accounting Firms
Marketing strategy is one of the critical factors that separate high-growth accounting companies from low-growth ones. Large firms that have branches in various cities often have dedicated PR and marketing teams to handle their business development. However, for smaller firms, it is essential to be strategic in their marketing efforts. Most small accounting firms won’t… Continue reading 7 Underrated Marketing Strategies for Accounting firms in 2024
Every year, millions of part-time workers in the United States face an uncertain financial future, lacking access to employer-sponsored retirement plans. However, a recent legislative change is set to provide a path to greater financial security for these dedicated employees. The SECURE Act 2.0, passed in December 2022, now requires employers to allow long-term, part-time… Continue reading 401(k) Eligibility Expansion for Part-Time Workers: A Guide for US Business Owners