Posts byFinancial Consultant

Engaging an Startup Financial Adviser

Change Brings Chaos – But an Interim CFO Keeps Finances in Check Is your company in transition right now? If so, you’re probably navigating the pitfalls of change: instability, loss of focus, loss of productivity, and other serious problems. It doesn’t matter what kind of transition you’re facing. Downsizing, rapid growth, and losing key business
CONTINUE READING

Avoid These IRS Audit Red Flags

No small business owner wants the inconvenience, hassle and stress of an IRS audit. Audits can never be completely avoided because in some cases businesses are randomly selected for an audit. The good news is there are steps you can take to reduce your chances of being flagged for audit due to error. Chron.com recently published
CONTINUE READING

Is DIY Accounting an Entrepreneur’s Best Choice?

Entrepreneurs don’t just wear a lot of hats because they’re masochists. They do it–you do it–because you’re trying to bootstrap a company, and that means keeping costs down. However, some DIY efforts are actually more costly than bringing in outside help, even with the help of software programs like QuickBooks. The software, after all, can only
CONTINUE READING

Affordable Care Act Changes, Delays

The White House recently announced another delay in the employer mandate under the Affordable Care Act. The delay is, in part, an effort to make the compliance process easier for employers, and will be in effect until 2015. If you are like most businesses the mandate will not impact you at all. The Affordable Care Act has
CONTINUE READING

How to Stop Stressing Over Audits

The prospect of getting audited by the IRS is one of the most stressful parts of being a small business owner. But the truth is, there are some simple things that you can do to avoid audits, and audits themselves may not be as scary as you thought they were. A recent CNBC report helped
CONTINUE READING