The Role of a CPA in the Business Sale
Selling a business is a big deal, it’s like getting married, you want to make sure everything is perfect before you say “I do.” And one of the key players in making sure everything is perfect is an experienced CPA. As a business owner, you’re...
The Importance of Tracking Cost Basis in Real Estate Investments
Real estate investing can be a great way to build wealth over time. Having accurate cost basis data for your property portfolio is important to making informed decisions about buying and selling properties. Cost basis represents the original value of your investment...
The Benefits of Cloud-Based Accounting Systems
Given the pace at which business is moving in today’s world, it’s more important than ever to have access to accurate and timely financial information. This is where cloud-based accounting systems come in. By using cloud-based software, you can access your...
Cash and Accrual Accounting – Which is right for you?
Cash and Accrual Accounting – Which is right for you? You may be surprised to learn that the language of accounting is diverse for small businesses and startups without specific reporting requirements. In a small business, Cash is King! Owners typically review their...