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Our CPA firm has been privileged to work with car dealerships that provide excellent service and value to their customers. Unfortunately, many great car dealerships are financially impacted by internal theft. According to a recent report by the Association of Certified Fraud Examiners (ACFE), the average time to identify theft or fraud is 18 months […]

Succession planning is increasingly more relevant for today’s U.S. businesses that are run by baby boomers. According to statistics published by this business brokers association: Retiring baby boomer business owners will sell or bequeath $10 trillion worth of assets over the next two decades. Assets are held in more than 12 million privately owned businesses. […]

Choosing the right CPA for your fabrication business is as important as choosing the right materials to complete the assembly of a product. You need to ensure that the CPA firm has relevant industry knowledge, understands the complete manufacturing process, and can accurately apply accounting practices to your business. How to Choose the Right CPA […]

QuickBooks Online (QBO) is the preferred method to keep track of your business activity for accounting purposes. However, there may be times when QuickBooks Online is down, will not load properly, or is not performing the tasks you expect. While those downtimes can be frustrating, especially if you are trying to accomplish several tasks in […]

Receiving an audit notice from the IRS is not the ideal interruption to your day running a small business. Fortunately, a small business CPA can protect you and make the process easier to fulfill the request from the IRS. Specifically, a CPA can represent your company in an audit. The IRS considers CPAs to be […]

Like any good partnership, both sides need to reach a mutual understanding of what each party brings to the table in order to achieve positive results. Mutual understanding can only be achieved, though, if both sides put in the effort to appreciate each party’s role, capabilities, and qualifications in the relationship. The same concept applies […]

Cybersecurity was a major issue for businesses in 2017, and continues to be an issue in 2018, specifically the Equifax security breach in September. With security threats and breaches becoming more prevalent as technology grows, businesses need to be more proactive protecting their financial records. Small businesses are especially vulnerable to threats without big budgets […]

An audit is a constant reality for any company because the IRS looks for red flags in business tax returns and randomly selects companies to audit. If you need peace of mind so that you can continue running your business, it’s important to understand the level of audit support your company might require. Consider Your […]

Small business owners often go through a pattern of formulating plans, experiencing a downturn trying to implement the plans, and growth when the plans take hold. You might even repeat this pattern a few times per year. So, why should your accounting plan be stagnant? Many small businesses start with a basic-level accounting service trying […]

If you are like most business owners, you are constantly evaluating opportunities to improve or grow your company. What if I told you that working with a CPA firm is an important and strategic opportunity that you should consider in your business plan? Warren Buffett, one of the most successful businessmen and investors in the […]