Blog

Employing your Children in Your Business

As a business owner, you are constantly looking for potential tax breaks or options for shifting income. If you have children, one option to consider is putting your kids on...
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Beware of Third Parties Selling You The Employee Retention Tax Credit

What is ERC? The Employee Retention Credit (ERC) has been a hot topic since 2020, when the Coronavirus pandemic changed the world.  The credit was implemented to aid companies in...
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Managing Cash Flow: A How To Guide

  Managing cash flow can be the difference between your business success or failure.  You can’t open a book on entrepreneurship without the mention of cash flow.  But, what is...
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Paying Your Taxes

Be Prepared Your business is profitable! Congratulations! You owe taxes! Contrary to popular belief, owing taxes is not a bad thing. It means your business made money. Yes, it’s great...
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Understanding Negative Balances in Your Financial Statements

Negative balances in your financial statements can signal errors or issues with your business performance. In some cases, a negative balance can be accurate, but it’s important to review further...
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Reviewing your Financials: Top Five Things to Look For

If you’re getting regular monthly financial statements in your business, you’re already ahead of many business owners. But financial reports are only as good as the time you put in...
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Outsourcing Your Accounting: How to Make it Work

Outsourcing is becoming a more common practice in business. Whether it’s marketing, accounting, sales, or even operations, outsourcing has become easier than ever. But, outsourcing only works if you do....
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How to Limit Your Exposure to Email Phishing Scams

Phishing scams are ever-present in business today. Whether it’s emails, phone calls, direct messages, or web infiltration, scammers are finding new ways every day to take advantage. With the increase...
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Fortiviti: Moving Forward

As reported in the KCBJ article recently, there’s a lot going on here at Fortiviti! Getting through the pandemic was especially difficult for financial services and other professional services companies. ...
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Understanding Employee Ownership as an Incentive

When you have a key employee that has been critical to your business success, you may want to incentivize them to stick around.  Some business owners will look at ownership options...
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