by Candy | Aug 5, 2013 | Bookkeeping, Featured
Many entrepreneurs confuse the terms cash flow and profit. A simple definition of cash flow is the movement of money into and out of a business. Profit on the other hand is how much money is left after subtracting all expenses from the income generated from sales. ...
by Candy | Jul 26, 2013 | Bookkeeping, Featured
It’s just shy of the end of July, so 7 months of the year are almost complete. It’s time to review what is happening in your business and see if any adjustments are needed to meet your goals. Based on what you find, you can make adjustments to prepare for...
by Candy | Jan 30, 2013 | Featured, News
The Internal Revenue Service has very specific rules for when payroll taxes must be deposited. This schedule is determined by the amount of tax reported on form 941 during the 4 quarter lookback period. The dates of the lookback period are July1 to June 30. For...
by Candy | Jul 19, 2012 | Bookkeeping, Featured, Shared
I was contacted by a prospect yesterday who has been having some trouble with their current bookkeeper not doing the work timely. I explained that we evaluate the books to see if there are any problems before we move forward. Upon review, I found lots of issues with...