What were your thoughts when you heard about the failures of Silicon Valley Bank? As this situation develops, many businesses will experience how other companies’ financial strategies and economic fluctuations can affect businesses. As you listen to thought leaders, you may conclude that business planning, development,...
The Business Strategy Partner Solution is a program for business owners (current or future) who do not have a Certified Public Accountant (CPA) and Certified Bookkeeper (CB) and have business and accounting challenges. This program also is the first step that Pierce, CPA & Advisors' year-round...
The United States of America (US) consists of small businesses that serve as economic drivers. Collectively they are reported to employ most Americans. Indeed, we need small businesses to thrive. The US government passed legislation that infused funds into the business world like the Paycheck Protection...
Is something off (performance worse than usual) in your business? Review the below list of challenges to assess your business: The Organization’s ability to continue (e.g., pay creditors, rent, payroll, etc.) as a going concern is doubtful. Flaws in your business’s operation like bottlenecks in...
Are you aware that CEOs of Fortune 500 companies hire people smarter than them? One common myth about owning a business is that you can operate it alone. Consider how a CPA can help your business increase in value: Blended roles as an outsourced team member....
Within the year 2020, Tax Twitter came together with their smarts, due diligence, humor and sarcasm. The CARES Act gave them plenty of words to read. The divergences of 2020 amplified the interactions between members to include encouraging words such as you can do it...
The United States Department of the Treasury expects taxpayers to “pay no more than the correct amount of tax.” It is plausible that the Internal Revenue Service (IRS) receive declarations such as easier said than done, I did not know I could not deduct that expense, my...
The 2020 tax season ended on July 15. However, the tax year is in full effect. Most taxpayers account for their self-assessment tax obligation within a calendar year (e.g., January - December). Below are a few suggestions (limited scope) on how to prepare for the...
The CARES Act acronym has a lot of meaning by design. One of the goals of the Conronavirus Aid, Relief and Economic Security Act is to reduce the COVID-19 pandemic’s damage to the United States (U. S.) economy. A few of its key provisions are...
Most people do not look forward to the tax-filing season. Well and except, the thousands of professionals such as certified public accountants (CPAs) who enjoy providing you with tax solutions such as planning and preparation. Note the below reasons why filing your income tax return...