fbpx

virtual cfo

How to Resolve Delinquent Tax Returns

How to Resolve Delinquent Tax Returns

Are you a small business owner with overdue tax returns? We understand that your business is your passion, and it can feel daunting to admit you need help. We're here to tell you that it's not reasonable to expect yourself to suddenly be an expert in tax and...

Payroll Service Cost Overview

Payroll Service Cost Overview

Are you curious about how much payroll services really cost? In this video, Joy Lutz from Aligned CPA breaks down the factors that influence payroll service costs, helping you make an informed decision for your business. Managing payroll can be time-consuming and...

What Should I Do If I Received an IRS Notice

What Should I Do If I Received an IRS Notice

Don't Panic Receiving a notice from the IRS can be stressful and confusing, but it doesn’t have to be. Knowing how to respond can help you resolve the issue quickly and avoid further complications. By following the right steps, you can protect your business, avoid...

Strategies for Scaling Your Small Business

Strategies for Scaling Your Small Business

Scaling Your Small Business: Key Strategies for Growth Ready to grow your small business but unsure where to start? Here’s a quick guide to three essential strategies for successful scaling: Enhance Customer ExperienceHappy customers are your best asset. Gather...

The Top IRS Red Flags

The Top IRS Red Flags

Key red flags that have the potential to trigger an audit include reporting high income, forgetting to include income from W-2s and 1099s, excessive charitable donations, and the misuse of deductions like home office expenses and vehicle costs. There are also concerns...

What Should I Pay Myself?

What Should I Pay Myself?

How you pay yourself is crucial and depends on your business structure. If you run an S or C Corporation, you’re likely required to take a salary and for sole proprietors, you'll take an owner distribution. Regardless, it’s important to establish your compensation...

Monthly vs Annual Accounting

Monthly vs Annual Accounting

As a small business owner, choosing the right accounting services is crucial for managing your finances effectively. When doing so, you might consider whether monthly or annual accounting is the better fit for your business.  Each approach has its own set of benefits,...