Archive for the Accounting Category

2017 Tax Deadlines and Calendar

If you’re done celebrating the turn of the calendar, then its time to thing about the 2017 tax deadlines. Below is a quick tax calendar of the dates for the 2017 deadlines to file 2016 taxes and forms. We’ve highlighted the dates that have changed from last year — several things are due sooner than they were in 2016

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Cash is not a Dirty Word: 4 Keys to Better Cash Management

small business frauds

Cash management is the key to staying in business — no company lasts long without consistent cash flow and strong collections activities. Learn the 4 keys to cash management and implement them today.

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PCI Compliance FAQs

You may have heard the term PCI compliance while researching how to accept customer credit and debit cards as a form of payment, but if you’re not quite sure what PCI compliance entails, you’re not alone. Here are some commonly asked questions about PCI compliance, and how it relates to […]

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How Will You Cope When the FLSA Changes?

Contractors around the country are worried. Regulatory changes to the Fair Labor Standards Act (FLSA) start in December, and contractors want to know if they will have to change the compensation of their salaried employees. The answer to this is a resounding “maybe.” Some comp plans will certainly have to be […]

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A Tale of Three Radically Different CFOs: How to Hire a Part Time CFO that Fits Your Company Culture

Part Time CFO Swat Team

Hiring a CFO is tough: No other role will be so crucial to your success, so getting the right chemistry, skill set, experience and personality is vital. Its no wonder that more and more business owners are outsourcing the CFO role using a Part Time CFO or “Fractional CFO Service”.

But not all Outsourced CFO service providers are the same. Let’s take a look at the three most common CFOs and the ways they work with – and within – a business. Which one is right for you: The Cowboy, the Rain Maker or the Swat Team?

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How to Win a $100 million Finance Defamation Lawsuit

If you’ve been slandered publicly in print or on the internet, It is possible to win a defamation lawsuit. This recent judgement is a great case study in how to win.

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Hire an Accounting Wizard Without Trying (Part 2)

hire an accountant - hire a wizard

Last week when I finally decided to hire an accountant, I was up to my ankles in alligators. The last thing I wanted was the administrative nightmare of responding to resumes, scheduling interviews and sorting skillful accountants from the merely competent.

If you read last week’s post, then you already know how to attract the best accountants to apply for a job at your company. Now you need to pick the best one and hire them as quickly and efficiently as possible.

Here’s 2 tricks — and 1 fail — I found that made the process smooth, short and amazingly productive:

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Small Business Fraud: 5 Things You Must Do to Protect Your Business Now

small business frauds

Every year, two out of three small businesses fall victim to some level of fraud. Not all of them know it. Some never will. The damage may be small and contained … or it may still be growing. Worse, 80% of attempted small business fraud comes from outside of the organization. That means that your company’s financial data is most at risk after it leaves your office, where it may be completely out of your control.
How big of a problem is this? The average small business fraud victim lost $23,100 … but there are 5 key things you can do to avoid this fate.

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