From the monthly archives:
Job costing, which is the single most important task in an estimating systems process flow, is something that is often neglected by so many start-up, small and mid-sized construction companies. Failing to job cost effectively or failing to execute it altogether, would be similar to a pilot attempting to fly a plane through thick cloud […]
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The accounting firm Brown Smith Wallace has been counseling its business clients on ways to save money on their taxes by taking advantage of some government incentives. Accounting Today’s Michael Cohn talked with two of the firm’s accountants last week about the tips they give their clients. Cathy Goldsticker, a member of the tax services […]
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As the owner of a small family company one day you’ll need to exit the business. You can stay on as long as you can, but eventually, you’ll have to plan your exit.
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Cash is the lifeblood of any small business. Here are some tips to help your business maintain a sufficient cash flow to meet its financial goals and run efficiently: Tips from Rick Smith CPA – Toughen up your credit policies. Review the payment terms you offer to customers and tighten them up if slow payment is […]
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How do you let customers know they owe you money? Probably by sending invoices. And if your customers are conscientious and pay on time, that might be all you need. But it might be helpful to do at least part of your billing by dispatching statements. These forms do have their drawbacks. For example, you […]
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Its a new era for bargain seekers with a constant stream of strongly discounted coupon offers: 40% off a Princess Cruise ticket, 55% off a facial, or 5 worth of laundry and dry cleaning for. Entrepreneurs, venture capitalists, and big corporations are gambling that the new discount coupon promotional services represent a tectonic shift in consumer trends, […]
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Located below the File / Utilities command in the QuickBooks menu tab, you will find the “Verify Data” and “Rebuild Data” commands. The importance of these commands to your overall proficiency with QuickBooks cannot be understated. What is Verify Data command? From Cynthia Huber, CQP | The Marks Group – This is a tool that QuickBooks provides […]
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Small companies are being affected disproportionately by IRS actions to narrow the tax-revenue gap -the difference between taxes owed and taxes paid – per a recent review by the SBA’s Office of Advocacy. A Quantria Strategies study, underscored flaws in the overall estimation of the tax gap primarily as they relate to large corporations. “The […]
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The IRS is pumping up the volume of audits of ‘rich’ taxpayers as part of a increased attempt to clamp down on tax evasion as well as so-called “legal tax avoidance.” According to the bureau’s latest update for the year ended Sept. 30, the percentage of taxpayers who were audited increased in every category of […]
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Catalyst QuickBooks
