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Business owners have many important decisions to make in 2021 after assessing how things changed during the pandemic. One of the most important decisions to make this year is which accounting software platform to utilize. While most of you have heard about QuickBooks (and QuickBooks Online/QBO), you may not be familiar with Xero and all […]

As we conclude 2020, we want to take the time to thank our valued clients throughout Houston and in the Heights for continuing to rely on our CPA firm to support your business. Together, we navigated multiple challenges this year. We supported business continuity, helped clients with tax filings during a most-unusual tax season, and […]

COVID-19 health and safety concerns. Paycheck Protection Program (PPP) loans. Predominant work-from-home scenarios. Who could have predicted at the beginning of this year how much businesses would be materially altered in 2020? Now that we are several months removed from the initial shutdown, some temporary changes are starting to lean toward becoming permanent. For example, […]

In the early stages of running your business, you likely sent out a handful of invoices to customers or clients and it was easy to keep track of invoices and follow up on payment. But, now that your company has entered the next stage of growth, the sheer number of invoices can be overwhelming to […]

Recent industry studies on fraud and data protection have indicated that small businesses are most at risk for cyber attacks. This is typically because small businesses cannot dedicate as many resources to cybersecurity, many small businesses store data in an unsecured manner, and cyber attackers can more easily advance their schemes through methods such as […]

Building custom invoices in QuickBooks is a valuable method to help grow your business. Not only will it make your company look more professional when sending invoices to customers, but the customization will help you better track payment status, receive payment faster, and support your company’s overall accounting function. Custom QuickBooks Invoices: External Value to […]

Small businesses that operate in the Greater Houston area and the surrounding regions of the Gulf Coast know how quickly an interruption can happen. Typically, this occurs during hurricane season when a sudden disruption could affect your ability to run a business. This year’s global pandemic and the associated economic crisis certainly fits the category […]

During this year’s pandemic, the CARES Act authorized the Small Business Administration (SBA) to make loans to qualified businesses. The provision established the Paycheck Protection Program (PPP), which provides cash flow assistance to eligible recipients through loans that are 100% backed by the federal government and have the ability to be forgiven if certain parameters […]

This year’s workplace disruption has created a challenging situation for small business owners to support business integrity. One area of concern is being able to detect hidden signs of fraud in business activity, particularly when employees are working from home. While many employees will work with integrity no matter their work environment, other employees may […]

July 15, 2020, has turned into one of the most significant dates on this year’s calendar for taxpayers. The IRS has released a new notice, “Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic,” that includes an updated tax filing and payment schedule centered on the July 15 date. One of the questions […]