Blog
Focus on Pre-tax Profit, Not on Revenue
As a small business owner, you are probably focused on growing your revenue. That’sfine – who doesn’t want to get more sales each year? But, the top line should not bethe first place your attention goes when you look at the income statement. Yes, youread that...
3 Ways Underpaying Yourself is Hurting Your Business
As a small business owner, you know the struggles of keeping the business going. You wear a lot of hats, put in the long hours, and prioritize your company's success above all else. Sometimes, this dedication translates to taking a backseat with your own salary,...
New federal regulation impacts how you classify workers
The U.S. Department of Labor (DOL) has finalized its new independent contractor rule,with big implications for small businesses. The new regulation, which would make it more difficult for companies to classify workersas independent contractors, has been opposed by...
ALERT! New federal Beneficial Ownership Information regulation may apply to your small business*
UPDATE: Federal Beneficial Ownership Information regulation found unconstitutional A federal judge in Texas ruled in early December 2024 that the Beneficial Ownership Information (BOI) rule of the federal Corporate Transparency Act (CTA) is unconstitutional. You may...
ALERT! New federal Beneficial Ownership Information regulation may apply to your small business*
UPDATE: Federal Beneficial Ownership Information regulation found unconstitutional A federal judge in Texas ruled in early December 2024 that the Beneficial Ownership Information (BOI) rule of the federal Corporate Transparency Act (CTA) is unconstitutional. You may...
Jennifer Richardson to lead our Tax Division
We are excited to announce that Jennifer Richardson is our new Tax Division Lead. Jennifer has been with us for six years and is a resident of Blairsville. She graduated from the University of West Georgia, with a BBA in Accounting, and has over 17 years of...
Year-end tax planning time is here
Before you know it, we’ll all be saying “Happy New Year!” With the end of the 2023 quickly approaching, it’s a good time think about your financial situation and tackle a few tasks. Tax planning between now and December 31 can have a significant impact on your...
QuickBooks launches AI digital assistant
Intuit, the maker of QuickBooks, recently announced an AI tool called Intuit Assist that will be rolling out to U.S. customers in the next few months. According to Intuit, the chatbot digital assistant will have the ability to make life easier for QuickBooks users in...
Business Owners: How should you pay yourself?
As the owner of a small business, you have two basic options for how to pay yourself: Drawing money from your business bank account or paying yourself a regular salary. But beyond that, it gets a bit complicated. Some business entity types have restrictions on how...
Use Return on Investment (ROI) for effective project analysis
For small businesses in all industries, measuring the Return on Investment (ROI) for every major expense should be a mandatory exercise. Unfortunately, calculating this financial metric is often overlooked, so owners and managers miss out on the accompanying benefits....
