Blockchain & the future of accounting...

Posted by:    |  Oct 26, 2018

The story behind the name of the bitcoin and blockchain technology is fascinating. Even more compelling is the wide-ranging application of the technology. For accountants and auditors, blockchain has the potential to dramatically alter the set way of going about business, especially w...Read more

Social media etiquette for business...

Posted by:    |  Oct 26, 2018

For a small business, an inexpensive tool to build brand awareness and promote service is social media. With the internet comes speed & efficiency, but a firm focus on basics and careful responses with an eye on reputation building is required. Discussed in this article are a few...Read more

Handling late paying clients...

Posted by:    |  Oct 26, 2018

Your company is doing well, and bringing in new clients. But even if business looks good on paper, one problem can prevent your company from thriving – a lack of cash. Being paid on time ensures that your cash flow remains healthy. Although a majority of clients will pay without a p...Read more

Fight fraud with active detection methods...

Posted by:    |  Sep 28, 2018

Most accounting professionals will experience fraud in their organizations at some point in their careers. Some will be unfortunate enough to have it happen more than once. While it is never possible to completely eliminate fraud, there are best practice strategies that your organizat...Read more

Online payment methods – how to embrace with minimal risk...

Posted by:    |  Sep 28, 2018

For small business owners, accepting payments in new ways can be confusing. Fraud and security-related issues might make them reluctant to receive payments through mobile apps, but to keep up with the advent of new technologies and accommodate how most customers want to pay, one shoul...Read more

Changes in the 529 Savings Plans...

Posted by:    |  Sep 28, 2018

529 education savings plans are state-sponsored savings plans with tax advantages making it easier for savings towards education. The main advantage is that earnings on the investments in a 529 account grow tax-free and can be withdrawn free from federal tax and also state tax if used...Read more

How to manage summer vacations at your small business...

Posted by:    |  Aug 22, 2018

Summer vacations are most anticipated, except, perhaps, by business owners and managers. Not only can it be a headache to juggle schedules and re-assign tasks while employees are away; it can also impact the business and customer service to have key employees gone. Here are a few thin...Read more

Flags leading to IRS Audit...

Posted by:    |  Aug 22, 2018

The Internal Revenue Service uses a combination of automated and human processes when selecting which tax returns to audit. All tax returns are compared with statistical norms, and those with anomalies undergo three layers of review by personnel. Here are some items you can do well to...Read more

Why does my business need cyber insurance?...

Posted by:    |  Aug 22, 2018

The prevailing thought among data security experts is that no matter the size or scale of a business, a data breach is inevitable. In fact, there is a good chance of the data being compromised already and the owner is unaware of it. A scary thought for sure, but it does not make it an...Read more

Tax Changes you need to know for 2018...

Posted by:    |  Jul 17, 2018
Tax Changes you need to know for 2018

The new tax reform bill is now law, and taxpayers can expect a lot of changes to take place in 2018. Reduced tax rates, higher standard deductions, and higher child tax credits for families are just a few of the perks that individual taxpayers will see next year. To pay for these tax ...Read more