Companies Spread Hope During the COVID-19 Pandemic

There is no denying that the spread of COVID-19 has caused much pain and suffering. However, if we look hard enough we can also see that this pandemic has brought many of us together in ways in which we couldn’t have imagined. These acts of…

New Code May Impact Your Balance Sheet

After almost 40 years the Financial Account Standards Board (FASB) has replaced the Accounting Standards Codification (ASC) surrounding the leasing of property. The new standard, commonly referred to as ASC 842 or ASU 2016-02, replaces the prior…

Shortage of Tradespersons Illustrates Impact of Supply and Demand

There is no doubt that the U.S. economy is driven by supply and demand. When there is a shortage in something, prices will ultimately increase and when the demand for something is no longer there, prices will drop. To put it simply, there are…

5 Important Components for Successfully Scaling Your Business

When we start a business, we certainly don’t want income to be stagnant. We hope to work hard, increase sales, and make more money over time. But with more sales and more revenue comes more work. There is only so much work that one person…

3 Reasons Why Your Lack of Focus is Killing the Business

I’ve recently spoken with several small businesses that are having a really difficult time defining themselves. They are trying so hard to be broad in an effort not miss an opportunity for work, that they are appearing vague, disorganized,…

The “Cash Problem” with Legal Marijuana Businesses

With 33 states (and counting) now legalizing the sale of marijuana (medicinal and/or recreational), the pot industry has made a lot of headway. But while it has become somewhat commonplace for many individuals, for the federal government,…

7 Tips for Working Smarter – Not Harder

You likely find yourself working really hard day in and day out to get things done, only to feel like you are running on a treadmill, with no forward movement. You may find yourself thinking, “How could I possibly do more than what I’m already…

5 Tips for Balancing Your Business’ Budget for Success

Alarmingly, more than half of businesses fail due to inadequate funding or other financial issues. Although many of us understand that we need to be mindful of what we purchase, most of us don’t pay close enough attention to our actual budget.…

New Tax Law Benefits Many Americans

  It’s no surprise that the new tax law can be easily misunderstood. Between strong opinions about the current presidential administration and the intricacies and difficulties of taxes in general, it’s not difficult to see why…

Why Hiring a CPA is Your Best New Year’s Resolution Yet

  Nothing makes people think of change quite like the New Year. With the culmination of one year and the beginning of the next, it’s quite normal to find ourselves reflecting on all of the things we want to do differently. Gyms…