What is the R&D Tax Credit? The R&D tax credit (or research and development) applies to all companies that are engaged in building new or improving upon business-operations such as methods, computer software, materials, and procedures. This type of tax credit can benefit small businesses and large corporations alike. The availability ranges from the state […]
Small businesses face many challenges in maintaining a robust bottom line, but building sustainable strategies for profit is one of the most essential. With statistics that show that nearly two-thirds of small to mid-sized businesses don’t make a profit or fail to increase their earnings from the previous year, a strong case exists for owners […]
Financial planning must have a holistic approach – that’s the order of the day. The advent of CPA firms has made it possible for us to reach one firm for all our needs, such as children’s education, retirement, investments, and so on. The CPA’s role is to help organize all our resources in order to […]
There are many metrics that business owners have to monitor to gauge how successful their venture is. Keeping a close eye on the financial side of your business is vital to achieving your long-term growth goals. One of the main indicators of how well a business is doing is cash flow. This is a term […]
Okay, it kind of depends on who you ask. But many executives and business leaders really do stay up at night trying to figure out the best ways to approach accounting and bookkeeping, in an era where data is king, and the always-connected digital world is a minefield for those in positions of responsibility. Aside […]
Chances are, you’ve probably heard the old saying about finding out how the sausage is made, being applied to all kinds of processes from legislation to any kind of private sector process, but it kind of applies in our case, too. How do you “make” great bookkeeping? You have to start with some key ingredients […]