August 10, 2018

The $16 Billion Fraud Industry

Did you know that in 2016 scammers stole roughly $16 billion from about 15.4 million U.S. consumers? This is according to a study done by Javelin Strategy & Research on identity fraud. As technology and fraud prevention grow, so do ways to defraud. I’m going to skip the generic “Nigerian Prince” or “Deceased Wealthy Relative” scams that we’ve all received […]
August 3, 2018

$12 Billion Worth of Check Fraud

$12 billion is a lot of money and according to the FBI that is the estimated cost of check fraud committed per year. This could be a concerning fact for any business owners or individuals who write a lot of checks. Luckily there are two systems that are beneficial to managing the checks issued and preventing fraud. These systems are […]
July 26, 2018

4 Ways to Keep Your Books Balanced

Bookkeeping can become overwhelming and confusing at times.  Follow these top 4 Best Practices to better assist in becoming a better bookkeeper. Quickbooks = Quick Books First of all – if you have not already, upgrade your accounting file to QuickBooks Online. QBO offers a live banking feed that will link to your banking accounts and will automatically pull in […]
March 6, 2018

Going with the Cash Flow

Accurately predicting cash flow can help you find your wave of success. Cash flow can be one of the most stressful parts to being an entrepreneur. Can I pay my staff? How will I order more inventory? When can I pay myself? The answer to these questions lies in being able to predict future cash flows. When this is done […]
March 6, 2018

Benefit from Benefits!

Why business owners should focus on the results and not get lost in the politics of offering health benefits to their employees. Offering health benefits to employees used to be a simple decision for business owners. Plans were competitive and if you were not able to offer your employees coverage, they could just go buy a policy themselves. That tone […]
November 19, 2017

Vacation Home? – Become a Tax Savvy 2nd Home Owner!

If you own or are considering buying a vacation home, there are many ways to benefit from a secondary residence. The obvious advantage is using your second home for vacations and blissful retirement dreams. Or, you could rent the property through Airbnb and make some money, right? But before you let the romance carry you away, consider the tax consequences […]