Sales Tax Guide For Business Owners: Part 4
by | May 27, 2021 | small business, Accounting, CPA, 2021 Business Tax Guide, sales tax by state, sales tax guide for business
'Urgent’ marked in red. A form letter was a warning I would face jail time and a bench warrant to be issued for my arrest. As my face flushed and fight or flight kicked in, I read the letter again. Luckily, a speeding ticket payment was simply overdue, and I needed to pay… or else I would be in...
Sales Tax Guide For Business Owners: Part 3
by | May 7, 2021 | small business, SMB, Bookkeeper, Accounting, CPA, 2020 Taxes, sales tax by state, sales tax guide for business, sales tax
This year, my kids came home with a game called ‘Wall Ball.’ A mix of racquetball and handball, this game is simple enough… until you play it. Each child has a different set of understanding of the rules, how the rules are interpreted, and what is allowed. My second grader loves a move where he...
Sales Tax Guide For Business Owners: Part 2
by | May 7, 2021 | small business, SMB, Controller, Bookkeeper, Accounting, CPA, business tax, 2021 Business Tax Guide, sales tax by state, sales tax guide for business
Nexus may sound intimidating or scientific. You may even panic like my friend Kramer: https://www.youtube.com/watch?v=gqcLcXPL3S0
Sales Tax Guide For Business Owners: Part 1
by | May 7, 2021 | small business, Virtual CFO, Controller, Bookkeeper, Accounting, CPA, business tax, 2021 Business Tax Guide, sales tax guide for business, sales tax
My middle child learned a tough lesson over the weekend. The Slurpee at the local 7-11 is priced at 99 cents. He had a dollar and thought he could afford this fine delicacy. After the register rang up $1.07, a bit of shock came through, sales tax became a reality. (Fortunately, dad had a few...
What is a Fractional CFO, and Does Your Business Need One?
by | Apr 29, 2021 | small business, SMB, Controller, CFO, Part Time CFO, CFO Business Inspection
Bringing a financial expert onto your team can propel your business forward
Business Plan Series: Part Three
by | Mar 31, 2021 | small business, SMB, Controller, Bookkeeper, Accounting
In Parts 1 and 2 of Credo’s Business Plan Series, we discussed the purpose (mission) and operational preparedness (demand and ability to execute) of a new business. Here, in Part 3, we will discuss the financial plan.
Business Plan Series: Part Two
by | Mar 15, 2021 | small business, SMB, Controller, Bookkeeper, Accounting
In Part 1 of Credo’s Business Plan Series, we outlined the mission statement and executive summary as initial, qualitative descriptions of your business. Here, in Part 2, we will explore the demand and ability to execute.
Business Plan Series: Part One
by | Feb 26, 2021 | small business, SMB, Controller, Bookkeeper, Accounting
Every entrepreneur has a common question: Where am I going to get the money to start my business? After all, as the saying goes, it takes money to make money.
The R&D Tax Credit: How & Why Your Business Should Claim It This Tax Season
by | Feb 10, 2021 | SMB, Controller, Bookkeeper, Accounting, business tax, 2020 Taxes
The federal Research and Development (R&D) Tax Credit (26 U.S.C. § 41) is a hidden gem in the United States tax code. With it, businesses of all sizes that incur qualified research expenses (QREs) can be eligible for up to $250,000 per year and significantly reduce their tax liabilities. Such a...
Bookkeeping & Accounting: FAQ's
by | Jan 27, 2021 |
Specialized business accounting services for physicians and healthcare providers.