money Tag
09 May 4 Ways You Can Be Your Business’s Superhero
Success and business mean the same thing. Do you agree? Most entrepreneurs are hopeful that their businesses will succeed. However, the number one reason businesses fail is a lack of cash flow. Less than 10% of businesses celebrate their 25th anniversary. The best practice is...
23 Mar 3 Conversations You and Your Certified Public Accountant Should Have About Financial Failure
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,...
09 May 3 Tactics YOU Can Implement From The 2022 National Small Business Week
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...
31 Jan Is Your Business Off or On?
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...
28 Aug 4 Upsides To Partnering With A Certified Public Accountant (CPA) Year-Round
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....
21 Dec The U.S. Congress May Vote On A COVID-19 Relief Package Today
It is reported that the U.S. Congress may vote on a COVID-19 relief package today. The below benefits interest a lot of Americans: 1. Enhanced unemployment benefits. 2. Direct stimulus payments. 3. Renewed funding for the Payroll Protection Program. 4. Extension of the eviction moratorium and rental assistance. 5. Increase...
11 Dec Update from Alabama’s Governor Kay Ivey On The Taxability of CARES Act Benefits
Governor Kay Ivey's supplemental emergency proclamation will allow citizens and businesses to avoid paying state taxes on certain benefits received under the federal CARES Act. Per Governor Kay Ivey, "the state will not be collecting taxes from individuals or businesses who received benefits from the CARES...
03 Nov What Is Your Most Important Tax Goal?
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...
16 Jul What’s Next After The Prolonged 2020 Tax Season?
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...
Pierce, CPA & Advisors "Making Your Tax Experience Happy"