Are You Using QuickBooks Online? Beware of These Common Errors!

Check for these potential problems with your QuickBooks Online software.  Are you frustrated with QuickBooks Online? Oftentimes, this convenient portal for online bookkeeping can cause big problems for small business owners. Here are a few examples of accounting mistakes that we caught at our office, after clients asked us to review their books. Recently, we […]

MASTER THE FUNDAMENTALS

FUNDAMENTALS– Isn’t it interesting when the sports analyst mentions that an NBA player has amazing fundamentals. Fundamentals are not fun or exciting like Michael Jordan flying through the air, oops meant to say Lebron James. But, fundamentals are extremely important. We receive many phone calls each day from business owners needing accounting/tax assistance. If we […]

2018 Tax Law Changes

2018 Tax Law Changes Please note these changes do not apply for 2017 tax returns! Here are some but not close to all of the 2018 tax law changes: Lower individual tax brackets until 2025 nice….. (see 2018 tax bracket below) Corporate tax rate changes from 35% to 21% That is a HUGE change! Hopefully Corporate America will […]

Should my business bank accounts be reconciled monthly?

“If my accounting software (i.e. QuickBooks Online) downloads/imports all my bank transactions straight from the bank, isn’t it a waste of time to reconcile bank accounts each month?” The more we have performed these bank reconciliations for clients, the more we realize their utmost importance. Listed below are some common issues and why it is […]

Tired of Corporate America? Business Start-Up Package $1,000

Tired of Corporate America and ready to achieve your dreams? Our CPA’s can assist in starting your business on the right path to success. Business Start-Up Package – $1,000 Setup your LLC Obtain your Federal Employer Identification Number (FEIN) Obtain S Corp. designation (If eligible) 2 hours of QuickBooks Online Setup/Training 1 hour of CPA […]

Starting a Business the Right Way – From a CPA’s View

I don’t know about you but I didn’t learn much about how to start a business in business school. Today social media is king – Instagram, Facebook, LinkedIn, Google, which are all great ways to promote your business, but what about the less sexy aspects of starting a business? Accounting/Legal are keystones of any successful […]